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RE: Venezuela to Start Using Crypto?

in #threespeak5 years ago

Absolutely. For the man on the street in places like Argentina, BTC is a much better way to store and transmit value than the local fiat that gets defaulted on every 5 years.

The case of VZ here is interesting because it's at the government level instead of the personal level. A few accounts make 1B USD-sized transactions will be interesting to see.

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Bitcoin is a great place to put assets, especially in places like Argentina with 40 percent inflation, where $1 today is worth 60 cents in a year.

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