The truth is that Latin America understands inflation, you don’t have to explain to them why their currency sucks.
They also understand capital controls because they always come after inflation. Higher costs, tools to avoid capital controls, etc. You are treated like a criminal just to use your money.
But they think that USDT is the solution. And you can see this by the rates of adoption and volumes going parabolic.
Specially in Argentina, Brazil, Colombia and Bolivia.
The problem is that this is not an ultimate solution, stablecoins are not stable, the US dollar is collapsing, this has been the worst year of the dollar since the 1970s.
Stable coins neither are a solution to capital controls, you still depend on a third party to let you transact with their permission.
As the collaboration between governments and stable coins issuers advances capital controls become a bigger threat.
So, we (-BITCOINERS-) need to be louder in our information and education campaigns. We need
to educate not on what money is and why BITCOIN is money. But why Bitcoin is THE BEST AND ONLY TOOL to protect the fruits of your labour from all the parasitic banks, governments and corporations.
BITCOIN OR SLAVERY.
