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RE: $31 Millions Stolen In A Tether Attack - The Blockchain "Temporarily Hardforks" To Lock The Funds

in #bitcoin8 years ago

The article I saw was pointing to the people of Venezuela using Bitcoin to get past the issue that they are having 1000% inflation of their currency.

I have no doubt that leaders in Venezuela, Cuba and North Korea have been mining and using Bitcoin to get around sanctions. It's probably common knowledge within the intelligence community.

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Oh, sure. For that people it's has been a way to deal with that huge inflation, and to earn some "hard currency" (sounds a little bit ironic to call cryptocurrencies in that way hehe).

Certainly, there is nothing to buy in the country, unless you have USD. That's the magic.