Oddbean new post about login | logout Binance is restricted in Venezuela. Told a friend to download @AQUA Wallet. Hopefully he can get it working and pay its bills (USDT is big there). Hopefully someday he will live in the #Bitcoin standard, and if he does he surely will be ahead of many here in the US Necessity drives innovation, sad but true https://i.nostr.build/V4MPtq44eRlGn9EI.jpg
But hope does not create change What makes you think Tether nor JAN3 won’t give in to state pressure? #bitcoin is for free exchange without state or federated 3rd party control
I understand the implications, but in Venezuela bitcoin doesn’t work for spending, just saving. People still have the mindset of the dollar being superior, and exchanging in dollars is paramount there. Until perception changes, there won’t be a conversion, and for that to happens needs to be pain, and then education. IMO
Suggest blink (Bitcoin Beach) have him try stablesats as opposed to USDT if you can
