Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

In those countries a single BTC transaction fee can be a month's wage. Venezuelans know this - they moved 66% of domestic transactions to USD, not crypto. [1] And of course they did, it's strictly a better currency. In every meaningful way.

I'm from the "don't tell them it's cake when it's a sawdust to pump your bags" camp.

[1] https://www.bloomberg.com/news/articles/2021-01-13/venezuela...



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: