How is the USD helping the North Koreans?
No one claimed that Bitcoin is useful in NK so I don't get the point of the question.
Re:Bitcoin is a disaster
by GutenMFRea on Friday January 01, 2021 @08:06AM
(#25602979)
They print USD. And perhaps buying methamphetamine -base-products from China or whereever is more plausably deniable or less WONG or whatever than f around with chinese bills. Whatever they do, they're doing all kinds of shit. And they print USD, or has, and, everything else they do isn't really great, all the time. They counterfeit USD and probably tons of other shit. All the 'coinage' in paper-form from everywhere around the country or the world probably, bar the 3d and biometric and advanced shit probably. It's all shit over there man. In terms of the governance, governing, it's not good!
Re:Bitcoin is a disaster
by arcticbull on Friday January 01, 2021 @11:48AM
(#25604506)
The point is that yes, an authoritarian government can definitely just shut down bitcoin, so authoritarian government resistance is not a feature of bitcoin.
The government needs to be replaced. This is the false promise of bitcoin. As long as the government needs to be replaced you have much bigger problems than the currency. As soon as the government is replaced, you no longer have to worry about the currency.
Bitcoin always has been, and always will be, a solution in search of a problem.
Forget Venezuela for a second and ask yourself how Bitcoin is helping the North Koreans.