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by k__ 1492 days ago
Just imagine you're not in your cushy first world country and that question answers itself.
1 comments

Sure, crypto might be useful in a few backwater or failing nation states. In all other situations, it’s a dumpster fire being put forth as a solution when there are other superior options.

China, the US, or Europe could even offer digital wallets to individuals in those countries if they could get KYC worked out. Venezuelans use USD via Zelle for example, not crypto.

https://www.coindesk.com/markets/2020/06/16/venezuela-is-a-t...