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0 sats \ 12 replies \ @Satosora 23 Oct 2024 \ parent \ on: Barter, double inflation and Bitcoin. bitcoin
You are in Cuba?
Unfortunately I live in Cuba.
Right now in Cuba there are several currencies, CUP (OFFICIAL PAYMENT CURRENCY FOR WORKERS) MLC (ANOTHER CUBAN DIGITAL CURRENCY THAT THE GOVERNMENT SAYS IS BACKED BY FOREIGN CURRENCY)
RICE, SUGAR, BEANS, CLEANING PRODUCTS, to barter.
"Government money" has no value anymore.
Bitcoin is suffering here, but I'm not going to leave it.
Recently I didn't have fiat money to pay for products. I have SATs that I have stacked up, but I couldn't use them as a form of payment. Option? I HAD TO EXCHANGE MY SATS FOR CRAP TO PAY.
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In your shity situation, Bitcoin is very useful if you have to flee from that place.
You just go with nothing on you, just 12 words.
Bitcoin is literally "fuck you money".
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Bitcoin has always been "fuck you money."
I always laugh when the airlines say $10,000 limit.
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I did this when I had the occasion
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You added the bitcoin sticker?
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and in many other places like that , when I was younger :)
Lots of Cubans in Miami... just saying.
Thank you for your post, you are very brave.
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