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A comment on Tether: The Story So Far. Parent comment

Re:Tether: The Story So Far by wp381640 on Monday October 28, 2019 @08:08PM (#21383109)
Yes there is, sometimes they don't even remit but rather use btc. I send $10 a month to ~5 people in Venezuela and it's one of the only ways now to help out and/or live there
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Re:Tether: The Story So Far by kmonsen on Monday October 28, 2019 @09:25PM (#21383505)
Can you provide more detail on how they actually use the bitcoin? Genuinely curious as in most countries the use cases are very limited, and there is a large cut when converting into/out of bitcoin that doesn't make it worth it.
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Re:Tether: The Story So Far by brendanw on Monday October 28, 2019 @09:37PM (#21383568)
There was solid episode of Odd Lots on cryptocurrency usage in Venezuela.

https://www.bloomberg.com/news/articles/2019-07-29/here-s-ho...

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