Re:Bitcoin has little shot at ever being a major global curr...
by svantana on Thursday January 11, 2018 @08:02AM
(#16123428)
A global downturn, yes definitely, but BTC will probably not be affected by a crash (or hyper-inflation) of a small-ish economy.
[ Parent
| on HN ]
Re:Bitcoin has little shot at ever being a major global curr...
by dullgiulio on Thursday January 11, 2018 @08:52AM
(#16123797)
But what's the advantage over directly buying Dollars or Euros?
A very good use-case for cryptocurrencies is taking money out of countries with strict capital control, like China. But obviously, such governments are also quite authoritarian and will not have problems blocking a cryptocurrency if they see fit.