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A comment on Bitcoin Energy Consumption Index. Parent comment

Re:Bitcoin Energy Consumption Index by paulmd on Thursday October 17, 2019 @02:46AM (#21279516)
I'd suggest keeping it in USD or other hard currency. Bitcoin provides no advantages in obtaining/transacting hard currency relative to other currencies, nor any stability while holding it. Either way you are going to a black market, and you are paying real, unaffordable conversion rates compared to transacting in (worthless) hyperinflationary currency.

The bitcoin guy is not going to accept 1 Zimbabwe dollar to 1 USD any more than your black market dealer who has USD. The real currency conversion rate is the problem, not the act of obtaining actual hard currency.

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Re:Bitcoin Energy Consumption Index by zadler on Thursday October 17, 2019 @03:45AM (#21279804)
USD bills can’t be easily transferred over the Internet.
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Re:Bitcoin Energy Consumption Index by paulmd on Thursday October 17, 2019 @04:41AM (#21280053)
look at this scrub who's never heard of venmo

yes, there are a lot of fungible ways to transfer hard currency over the internet... once you acquire it.

again: acquiring it is the hard part, because nobody wants to trade a zimbabwe dollar for a USD.

Bitcoin does nothing to help your zimbabwe dollars be less worthless than they are in USD, therefore they don't help the currency conversion process at all.

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Re:Bitcoin Energy Consumption Index by feanaro on Thursday October 17, 2019 @08:02AM (#21281088)
Venmo, the service exclusively available in the United States? https://help.venmo.com/hc/en-us/articles/235225428-Signing-U...
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