Quote from: malevolent on Today at 07:11:08 AM

Quote from: stompix on February 22, 2021, 01:44:47 PM

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Get real, nobody is using bitcoin there to buy food with, and if somebody does he isn't using on-chain transaction.

As the article states, they're said to be using Airtm for off-chain transactions.

Just as I said, they won't be using real coins but a centralized solution, and though it transforms crypto into bolivars, this is directly from AirTM:

Quote

According to an AirTM user survey, only 57% of recipients engaged with the funds. For some, even converting crypto to AirTM credits (AirUSD) inside a custodial user account was too much hassle.
For those who did access the funds, more than 2,000 Venezuelans said it was helpful for buying food. They typically did this by using AirTM to cash out bolivars as needed, using the digital wallet provider like a bank.

Quote from: justdimin on Today at 06:16:08 AM

This is a write up by someone who doesn't understand the fact that crypto IS socialist,

Crypto is not socialist, crypto is pure capitalism.
Those that had money to invest have made more money, the ones that have zero to invest have zero.
There is nothing that resembles socialism in crypto in any way, no matter how much you try to twist reality.

Quote from: justdimin on Today at 06:16:08 AM

It means any nation with even one powerful position means that it is not a socialist nation, it is very very easily refutable, soviet union? Has Lenin and Stalin, Cuba? has Castro, north Korea?

Oh, we know it, socialism hasn't failed one hundred times before because it wasn't the real socialism, the ones we're building now in our basements is the real deal.