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A comment on Half of ICOs Die Within Four Months After Token Sales Finalized. Parent comment

Re:Half of ICOs Die Within Four Months After Token Sales Fin... by chrisco255 on Monday July 09, 2018 @11:51PM (#17495295)
You buy things via the internet. USB stick (or whatever, paper wallet even) is just cold storage for the private keys of ETH, QTUM, BTC, wallet, etc.
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Re:Half of ICOs Die Within Four Months After Token Sales Fin... by Azeralthefallen on Tuesday July 10, 2018 @12:20AM (#17495444)
But can't i do the same thing from wherever i am and have it delivered? Or have it mailed as a gift? Even with the situation in Venezuela, Fedex/DHL still ship there.

Furthermore how does that allow you to pay for food, water, utilities, or even fuel for your car?

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Re:Half of ICOs Die Within Four Months After Token Sales Fin... by chrisco255 on Tuesday July 10, 2018 @01:17AM (#17495656)
Do what? Order things with paper money or are you talking about some VISA/MC-backed debit/credit card? Where do you sign up for a USD-based bank account in Venezuela? How do you pass KYC checks? You got a family member or friend who lives in the States you can trust to escrow that for you?

Shipping Fedex/DHL in Venezuela isn't nearly as reliable as shipping in the United States. Nor is it cheap.

Energy and gas are super cheap in Venezuela (38 cents a gallon). I'm not sure where you're going with your argument there.

You can hold crypto as a hedge against the Bolivares, convert to fiat as needed, just like any other fungible asset.

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