Re:Visa Plans to Enable Bitcoin Payments at 70M Merchants
by toomuchtodo on Wednesday March 17, 2021 @10:04PM
(#26499044)
Zelle disrupts central banks more than Bitcoin in Venezuela.
https://www.bloomberg.com/news/features/2020-11-11/zelle-has...
"I lived in Venezuela. Almost no one uses crypto or cares about crypto. The fees to send bitcoin alone represent a sizeable chunk of money to most Venezuelans."
https://www.reddit.com/r/Economics/comments/jsw96e/zelle_has...
I guess that's a little unfair as I suppose Bitcoin can help disrupt the central banks of places like Venezuela, giving the elite an easier means of fleeing a collapsing country without losing their wealth. Sort of defeats the purpose of economic collapse if it no longer even serves as a great leveler, but oh well, I guess. As long as the rich can never lose.