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RE: Bitcoinization, what is it and is it happening already?

in #bitcoin7 years ago

Wow, I knew things were bad in Venezuela but that is worse that I imagined - 200,000 for lunch and a constant eroding of your hard earned money. I can understand why many people would move to bitcoin- easy to do and is actually appreciating instead of holding something that is becoming irrelevant. Thanks for sharing.

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I had no idea it was that bad either... Cryptocurrencies are particularly attractive to the unbanked.