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Re:Venezuela's Inflation to Reach 1M Percent by shitgoose on Tuesday July 24, 2018 @07:10AM (#17599893)
they have adopted dollars already. seems good enough.
Re:Venezuela's Inflation to Reach 1M Percent by mrweasel on Tuesday July 24, 2018 @08:43AM (#17600461)
In many ways it's actually better. It's just different banknotes and potentially coins. You don't need to change the way you do business, like you would with Bitcoin and people don't necessarily understand Bitcoin.

People may not like it, but the US dollar is a stable currency, it's reasonably well managed and importantly the Venezuelan government can do anything weird with it.

Most crypto coins aren't as unstable as the Venezuelan currency, but still much less stable than the US dollar or Euros, so it's not actually that attractive as an alternative.