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by filoleg
1015 days ago
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> If you're in that situation, buying USD on the black market is still better than Bitcoin Pretty much what I suspected, yeah. So it sounds like BTC would be a truly decent money storage vehicle only for the scenarios where you straight up only have a choice of a hyperinflating unstable currency and BTC (not even black market USD access). Which, I am not sure if the case anywhere. > Argentina has been living like this for decades, so don't tell me this is a crazy notion. Aye, makes sense, wasn't gonna tell you that this was a crazy notion at all. If anything, that's how it's been operating pre-crypto in a lot of places of the world for a long time, and I don't hear of crypto upending it anytime soon (outside of extremely biased pro-crypto takes that don't have much ground in reality). |
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