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I'm from a high inflation country. Let's see your evidence of use in such countries, since you are throwing numbers out.


First of all, you are the one who stated this as a fact, and then provided only anecdotal evidence in support of the broad claim. Your singular limited experience in one country cannot blindly extend to all such countries, so the onus is on you to provide support for your claim.

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I was also under the impression that adoption was fairly strong in many of these regions, and after looking into it, I see far more evidence in favor of that than a single anecdotal claim on a discussion board...

>Venezuela remains one of Latin America’s fastest-growing crypto markets. Venezuela’s year-over-year growth of 110% far exceeds that of any other country in the region. -Chainalysis

>Cryptocurrency Remittances Spike 40% in Latin America -AUSTRAC

>Crypto adoption has grown so entrenched that even policymakers are rumored to be considering it as part of the solution. -CCN

>By mid-2021, trading volumes had risen 75%, making Venezuela a regional leader. -Binance

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It actually wouldn't surprise me if most of this was hot air, but certainly you have actual data backing up the claim, not just an anecdotal view?


Using relative growth is one of the favorite tricks of hucksters that allows them to say "100% growth over the last year" to hide the fact of it growing from $5 to $10.

I don't really care enough about this to do proper research, but as another anecdote from someone living under 40% yearly inflation: nobody here gives a shit about cryptocurrencies. Those who can afford it buy foreign stock, houses and apartments; those who cannot, buy up whatever USD and EUR we can find.

Cryptocurrency was used by very few people for short-term speculation around 5 years ago, but even that died down to nothing.




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