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Black Swan author urges: “Use cryptocurrencies ”

13 pointsby HipGeeksabout 5 years ago

3 comments

duxupabout 5 years ago
In theory someone in a country where their currency value is dropping goes and buys some cryptocurrency and stabilizes the value they own.<p>But crypto currency isn&#x27;t some stable value right? Wouldn&#x27;t the result be that that person who is already in a bad situation now has put their eggs in a sort of cryptocurrency speculation market?<p>Let alone all the security &#x2F; liquidity questions.<p>Is that something vulnerable folks really need &#x2F; should do?
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HipGeeksabout 5 years ago
His entreaty was in response to a post about the Bank of Lebanon ordering foreign currency remittances to paid out in the local currency.
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verdvermabout 5 years ago
For what? The are nearly unusable and definitely not currency by common understanding and usage
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