Re:A faster, more efficient cryptocurrency
by int_19h on Monday February 18, 2019 @08:32PM
(#19196023)
I don't think you're going to find any specific examples, because nobody is going to boast of moving a lot of money under the radar.
But judging by the trade volume in Venezuela, they're clearly using it for something.
https://www.cnbc.com/2019/02/14/venezuela-crisis-bitcoin-tra...
Re:A faster, more efficient cryptocurrency
by wolco on Monday February 18, 2019 @09:56PM
(#19196280)
Here is a great article. The size of the /growth of market is interesting.
https://cointelegraph.com/news/how-venezuela-came-to-be-one-...
I didn't disagree with any of that. My position is that if you are actually in that situation, bitcoin doesn't help that much, and no technology can. If you attempt to actually execute this plan, the risk is extremely high that you will be detected, and a corrupt government doesn't have any shortage of ways to force you to comply with whatever they come up with.
Are there any examples of a Venezuelan moving a significant amount of wealth out of the country via bitcoin?