Re:Bitcoin is a Ponzi
by jazzyjackson on Thursday October 07, 2021 @01:04AM
(#28782215)
this is not an accurate portrayal of refugees. i can’t be bothered to look for a source atm, but the first wave of refugees out of syria that caused a panic in Europe were not poor, unskilled laborers - they were middle and upper class families who could afford plane tickets. It costs many thousands of dollars to cross borders illegally by the way, so you’re likely to exhaust your savings trying to escape whatever you’re running from.
[ Parent
| on HN ]
I wrote "'typical' refugees". No doubt monied folks need to migrate under duress as well, but they are absolutely a vanishing minority of worldwide refugee flows.
> It costs many thousands of dollars to cross borders illegally by the way, so you’re likely to exhaust your savings trying to escape whatever you’re running from.
...and worse, often end up in debt along the way. Where is the room in that common situation for the need for exfiltrating funds via BTC?
Re:Bitcoin is a Ponzi
by jazzyjackson on Thursday October 07, 2021 @02:40AM
(#28782978)
I didn’t mean to suggest BTC was useful along the way, just had a kneejerk when I read the comment about penniless refugees. but by the time people are congregating in border camps i’m sure you’re right, the majority have less pennies than they’d like.