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A comment on Tesla buys $1.5B in Bitcoin, may accept it as payment in the future. Parent comment

Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by badestrand on Monday February 08, 2021 @02:21PM (#26068865)
> You don't know any people from Venezuela I take it, or any countries experiencing hyper-inflation.

I agree that this is a use case but due to BitCoin's extreme volatility it is not really good for that either. Any stable coin is much better suited for this.

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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by delaaxe on Monday February 08, 2021 @04:36PM (#26070503)
You missed the point. A Venezuelan stablecoin pegged to the bolivar would be useless to protect oneself from the country's hyper inflation
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