Bitcoin is a lifeline for citizens and residents of Venezuela.
It actually does seem harmful to frame “pro-crypto” in those unlikely terms. Or in other words, how does inventing an abstraction layer on top of your original failed currency, obtained by burning fossile fuels, help the average Venezuelan trying to buy food and sundries? It seems more like slapping a bandaid on a sucking chest wound and claiming that you’ve helped the patient.
I’m not interested in the “crypto space” and what it needs, especially in a discussion of an article purporting to describe what the people of Venezuela need. Unless those two things overlap to the degree that it’s a “lifeline” for those people, it reeks of the usual pumping of cryptocurrency that seems to pervade the “space” in question.
Bmelton: Between the distortion of the original Economist article used in this article, and this: https://news.ycombinator.com/item?id=16783272
I’d say that’s not what this is about. This currency is just a laundry for dollar bills.