Viewing profile — FloresHernandez

Yes, of course. The problem here is the repressive government. But as everything, they have tools. Crypto takes one of the tools for them (Debasing the currency and strict control …

Yes, it shields you against your own government by giving an alternative they can't stop or ban. In some parts of the world, government is hostile towards their own population, eit…

You can opt out of Apple ecosystem simply by changing your phone. You can't not opt out of your government ecosystem (Or at least, it's more complicated). This is like calling Walm…

I've visited Colombia several times on several cities and unless you're taking illegal cabs you never feel unsafe. The legal cabs are pretty clearly marked. Uber could give you an …

There is no gold-backed fiat currency.

They might try to crack it down. It will probably go the same way as the crack down of the dollar. Won't work. And is even easier to hide bitcoin that to hide USD cash. The downsid…

No, I did not. Nobody I know did. I agree it's a farce. Save from speculators, nobody is going to buy Petro as nobody trust the Venezuelan goverment. It's probably a money launderi…

Using localbitcoin to buy them. I either send them to a wallet for long term storage or use uphold to change to usd. I'm only buying in btc "saving money". Local currency (which my…

I own a small business in Venezuela. Nothing tech related, but in the food industry. Bitcoin has been a godsend. We are able to save money again having it as hard currency. I do ex…

Actually, is the other way around. It is cheaper to pay in Bolivars than Dollars. Right now is 9000 Bolivars (Around 90 Dollars) vs. 130 Dollars a night at the Marriott in Caracas.…