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uselesswords 2 days ago

There are multiple countries in the world where issues like hyperinflation have pushed day-to-day transactions to crypto for everyday people.

rrdharan 2 days ago | parent [-]

No, there actually aren’t. People just assume there are but the majority of desperate people turn to the barter system before crypto helps them.

uselesswords 2 hours ago | parent | next [-]

Yes there are. It is well documented in other countries such as Venezuela or Argentina and some vendors even prefer cryptocurrency because compared to their national currency it is more stable. In addition, there are significant remitance and cross-border payments done in crypto where banking or FX controls make dollars hard to access in countries like Venezuela and certain regions in Africa.

Day-to-day transactions at the street level may not be dominated by crypto or even a majority, but it is a growing nontrivial minority in a lot of places especially emerging markets.

[1] https://www.trmlabs.com/reports-and-whitepapers/2025-crypto-...

[2] https://www.chainalysis.com/blog/2025-global-crypto-adoption...

[3] https://www.statista.com/statistics/1362104/cryptocurrency-a...

kikimora 2 days ago | parent | prev [-]

Please tell me about a better system that would let me send money from EU to Russia to help my mother buy her medicine?