Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
gembitz
on 18/08/2019, 16:38:31 UTC
Re crypto use in Venezuela - the classic case in such circumstances is "bad money drives out good", meaning that people would be more likely to dump something they perceive to be losing value rapidly (Bolivars) and to hodl something they perceive to retain value (Dash, for example). So, while merchants might accept Dash, most people would rather hang on to it than give it to a merchant if it is a useful store of value. It's usually the junk money that is in mass circulation, not the "good stuff". It's early days yet - see what happens once merchants stop accepting Bolivars.



https://www.youtube.com/watch?v=1Mt3d5_g03I

 Grin Cheesy Wink

#VenezuelaHodl