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RE: Bitcoin, Litecoin Could Become Global Reserve Currencies In The Midst Of Geopolitical Tensions

in #bitcoin6 years ago

I hear that Dash is being used a lot in Venezuela and other South American countries facing financial collapse. It is fast and cheap to move. Possibly even better than Bitcoin at the moment apparently when it comes to a use case.

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Hi @julianhorack, yes that is what I have previously heard about Dash as well. Dash has fast transaction speeds that is good for daily use. Looking into a store of global reserves, BTC and LTC would be better in terms of long-term storage

Good to know, indeed BTC and LTC are the main gold and silver of crypto as they say. ETH is also a contender but XRP is to be avoided.