| ▲ | nyc_data_geek1 6 hours ago | |
And anyone who is under sanction or lives in a nation under economic sanction, and wants access to a means of sending payments across borders that would otherwise be closed to them. And anyone who lives in a polity whose local currency may be undergoing rapid devaluation/inflation. And anyone who needs a form of wealth that no local authority is technically capable of alienating them from - ie: if you need to pack everything in a steamer trunk to escape being herded into cattle cars, you can memorize a seed phrase and no one can stop you from taking your wealth with you. And any polity who may no longer wish to use dollars as the international lingua franca of trade, as the global foreign exchange reserve currency, to reduce the degree to which their forex reserves prop up American empire. Sadly, all of these use cases appear increasingly relevant as time goes on. | ||
| ▲ | keernan 5 hours ago | parent [-] | |
ok - I am willing to be educated. Thank you. | ||