267 karma · joined June 22, 2020
Now go on enjoying living in the first world, we'll keep using the cryptos the way we want.
Why?
>The value that supposedly backs your local currency simply does not exist
Tell me something I don't know...
>Is it not fairer that everyone gets 50%?
What? Why? Why should anyone working for abroad let the government decide how much money they get from their hours spent working?
Please understand that people like me who live in third world countries have third world problems, worrying about the climate change is sometimes not in the top of our priorities when we don't even now if we'll have 50, 100 or 30% of anual inflation. And I find unfair how sometimes we are told and scolded by the first world when they didn't get there via green policies, really.
But yes, is another way many freelancers are paid here, it's not just bitcoin and ETH, many use stablecoins.
I only find kinda selfish the comfortable position to be against ALL cryptocurrencies (which don't do such a damage to the climate like bitcoin.) while living in the first world, even those
Tell me, where are you from? Do you have free access to other currencies where you live? Because I don't, and where I live we have 50% inflation (even 100% for groceries). It's not taxes when we don't get anything in return and we can't even save in the currency we are paid.
I'd like to see how you live here for a year.
And it's mainly freelancers, IT workers, designers, etc. But the number of people who work this way is increasing every year since we are running out of options as well (no jobs besides delivery apps, working for the state doing basically nothing, etc.).
Kinda related: IT companies from our country are already complaining that there is an "unfair" competition because we get paid, for example 2000 USD, which is a very low sum for IT workers abroad but is a huge number for us while these companies can't even compete with that number for the same employee.
So I believe sooner or later the government will take advantage of their complains to try, somehow, to control the money inflow from people who work for companies abroad.
Not only that, is another way for us to save money in cash since we have an extremely limited to other currencies (we have 50% annual inflation so saving in our national currency isn't an option)
I'll explain: today our government forbids us from buying foreign currency such as the US dollar (200 tops for a really REALLY small portion of the population) so a black market has been at place since the prohibition started many years ago. In this market each dollar corresponds to 200 pesos while the government states each one costs around 100 pesos.
So, if you work for a company outside, and the pay you 1000 usd, you get 100,000 pesos when you could get 200,000 in reality. Not only that, you also are forbid from buying dollars, so if you want to get them to avoid our rampant inflation (50% average, around 100% for groceries) you only have the black market which is around 200 pesos.
I know about the damages to the cliamte of crypto mining but consider also that there are some beneficial uses of these currencies for people like me who don't live in the first world.
Does still have any effect on your energy levels?
Enterprising in Argentina is an absolute nightmare.