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by Azeralthefallen 2904 days ago
But can't i do the same thing from wherever i am and have it delivered? Or have it mailed as a gift? Even with the situation in Venezuela, Fedex/DHL still ship there.

Furthermore how does that allow you to pay for food, water, utilities, or even fuel for your car?

1 comments

Do what? Order things with paper money or are you talking about some VISA/MC-backed debit/credit card? Where do you sign up for a USD-based bank account in Venezuela? How do you pass KYC checks? You got a family member or friend who lives in the States you can trust to escrow that for you?

Shipping Fedex/DHL in Venezuela isn't nearly as reliable as shipping in the United States. Nor is it cheap.

Energy and gas are super cheap in Venezuela (38 cents a gallon). I'm not sure where you're going with your argument there.

You can hold crypto as a hedge against the Bolivares, convert to fiat as needed, just like any other fungible asset.