Re:E*Trade Is Close to Launching Cryptocurrency Trading
by jerguismi on Saturday April 27, 2019 @04:52AM
(#19764596)
Full-blown government collapse is quite far-fetched scenario. Infrastructure in venezuela still works at some level, however poorly. Bitcoin works in places pretty well where goverment is crappy but still not that crappy, that you have electricity, internet, etc.
Crypto is posited as a hedge against oppressive governments, but the people who use it almost always live in countries that offer more freedom and democratic control than anyone ever had in history.
People who are actually oppressed by their governments - the North Koreans and Turkmenistanis of the world - don't even have the infrastructure to buy crypto.