RE: Article "Bitcoin Is All that Stands between My Family and Starvation"

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Article "Bitcoin Is All that Stands between My Family and Starvation"

in bitcoin •  8 years ago  (edited)

I would imagine that Venezuela right now is the perfect example of how Bitcoin or any alternative crypto-currency is a perfect vehicle to hold and spend what wealth they might have after years of horrible inflation.

It's liquid, easy to store and access when needed, and it is impossible for the government/banks to confiscate or reduce it's value via inflation.

bitcoin
8 years ago by

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      ·  8 years ago 

    yes, and even who has savings is being wiped out by the hiperinflation. BTC may somehow bypass that because of its characteristics or mitigate that because of its recent increase

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