Bitcoin Could Smash Socialism in Venezuela

Do you know about the lightning network? it can improve the fees problem in repetitive use cases

BTC is an intentionally crippled fork of Bitcoin. Bitcoin Cash works as Bitcoin was always meant to, with low fees and fast confirmations.

See https://whybitcoincash.com/

Tell that to the people of Venezuela, of whom the article states that they are flocking to it to save their hides.

Have you looked at how you actually buy Dollars in Venezuela? Using an illegal black market and paying a large commission? And with US financial restrictions on the country, along with tourists bringing across high-denominations of dollars rather than change, the fact that they've had to develop IOU policies to cope with that too? And if they want to use an application such as Zelle, how do they set up a US bank account to sign up?

This is a much more complex issue than people seem to realise and it is a valid usecase for cryptocurrencies where you can create a wallet quickly and transfer small denominations cheaply, if not necessarily via bitcoin.

Edit: At a minimum, could you see the perks that a stablecoin like USDT might offer?

There are other cryptocurrencies than BTC, like Bitcoin Cash (BCH) and Dash, which work well for any transaction, big or small, with low fees and fast confirmations.