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by conceptme 3263 days ago
Unless you live in Venezuela http://www.businessinsider.com/venezuela-hyperinflation-char...
3 comments

Cryptocurrency is not a solution for a fundamentally broken central government and this is especially true for countries like Venezuela where access to computers and reliable internet is not a given.
Where are the hordes of people wanting to sell their bitcoins and turn them into Venezuelan bolivars?

Without these people, how have Venezuelans got any chance of getting bitcoins in the first place?

Hyper deflation and hyper inflation are both extremely destructive to a functional economy.