Post
Topic
Board Bitcoin Discussion
Re: Why Cash is better than Bitcoin.
by
tyz
on 08/05/2017, 22:54:40 UTC
It is not there to buy food and stuff directly with Bitcoin. It is used along with Gold and other stable assets to preserve the value of an high inflationary local currency. If you need some cash (at the current exchange rate) you just sell some bits for cash in order to buy food with.

Here are two links to this topic:
The Guardian: Growing number of Venezuelans trade bolivars for bitcoins to buy necessities
Aljazeera: Venezuelans turned Bitcoin Mining

like Venezuela!

Show me, how BTC is used there for food shopping, seems it exist not.