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0 pointsrisyachka4y ago0 comments

You can always find someone to sell USD for crypto in cash. And you will be able to do it only because crypto allows you to actually own your assets.

0 comments

Ekaros4y ago

Question really isn't about USD or Euro. You are already quite happy if you have either.

But let's say you are in Africa and have a lot of local hyper-inflating currency. Who will give you crypto for that? Or at least more than they need for immediate needs.

sjducb4y ago

Anyone who needs to buy goods and services, or settle debt, in the local currency.

meheleventyone4y ago

You already need crypto though.

risyachkaOP4y ago

You do.

I meant mostly that if you store your assets in crypto - it can help a lot in situations like this, presenting a great use case.

nlitened4y ago

You don’t need to buy it, you can just accept it as a fee for your work.

meheleventyone4y ago

So now the unbanked need an entire shadow economy to exist in their country to take part!? Plus all the accoutrements to access crypto.

j / k navigate · click thread line to collapse

0 comments

Ekaros4y ago

Question really isn't about USD or Euro. You are already quite happy if you have either.

But let's say you are in Africa and have a lot of local hyper-inflating currency. Who will give you crypto for that? Or at least more than they need for immediate needs.

sjducb4y ago

Anyone who needs to buy goods and services, or settle debt, in the local currency.

meheleventyone4y ago

You already need crypto though.

risyachkaOP4y ago

You do.

I meant mostly that if you store your assets in crypto - it can help a lot in situations like this, presenting a great use case.

nlitened4y ago

You don’t need to buy it, you can just accept it as a fee for your work.

meheleventyone4y ago

So now the unbanked need an entire shadow economy to exist in their country to take part!? Plus all the accoutrements to access crypto.

j / k navigate · click thread line to collapse