Bitcoin is a Ponzi

Re:Bitcoin is a Ponzi by cemerick on Thursday October 07, 2021 @01:13AM (#28782291)

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?

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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.

[ Parent | on HN ]