Post
Topic
Board Economics
Topic OP
BTC is helping out Cubans and Venezuelans
by
OROBTC
on 16/07/2021, 17:03:04 UTC
...

For OPSEC reasons I don't (personally) want to go in to this topic too heavily myself, but this is already happening.

I have known about Venezuelans for years using BTC (and Dash) as a partial substitute for their worthless currency and hard-to-get US dollar fiat.  Apparently these efforts have been quite helpful to those in Venezuela in a position to use cryptos to make their lives better.

Now Cuban-Americans are sending BTC to embattled Cuba.  I do not know the amounts though.

There really ARE excellent use-cases in which BTC is helping to add value to the lives of those under oppression.  This is clearly a good thing.