Skirting U.S. sanctions, Cubans flock to cryptocurrency to shop online, send funds

in #bitcoin5 years ago

Alex Sobrino, founder of the Telegram channel CubaCripto where Cubans debate and trade digital currencies, said he estimated some 10,000 Cubans were using them.

Interesting article about the Cuban people starting to use crypto. I could definitely see why they'd want to own crypto, the government currency has no market outside the island. I've been to Cuba, and it's as poor as it gets, I wish the all the best....

Read the full story here...
https://www.reuters.com/article/us-cuba-cryptocurrency/skirting-u-s-sanctions-cubans-flock-to-cryptocurrency-to-shop-online-send-funds-idUSKCN1VX2H0

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Bitcoin is around $10,200 right now....

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