Hacker News new | ask | show | jobs
by davidgerard 1885 days ago
yes, it's gone up from negligible to negligible.

The use case in Venezuela is wealthy Venezuelans getting their wealth out of the country.

When bitcoiners say "refugees" as a use case, they mean rich people looting and running.

1 comments

I'd hardly consider myself "wealthy" (certainly NOT by Western standards) but sure, whatever fits best your own views. ;)

I'd say if you have enough money to be a capital flight risk, there are far less cumbersome means to get your money out of the country than crypto.