joewaltman

I have been surprised by the technical fluency and sophistication of refugees.

And, I appreciate sarcasm as much as anybody. :)

While I agree that there are a number of challenges around actually utilizing crypto in places like this, you must also agree that some of crypto's unique characteristics are actually very compelling in these situations. For example, it is very expensive to get supplies or money into these 'camps'. The (relatively) immediate and peer-to-peer nature of cryptocurrency is perfect for this kind of help.

I agree that fiat currency would be more useful if the recipient lives in a place with a functional financial system and/or a competent government. However, in places where money is broken (i.e. venezuela) or government is broken (i.e. refugee camps), it is possible that a crypto-currency might be more useful than fiat.

I agree that fiat currency would be more useful if the recipient lives in a place with a functional financial system and/or a competent government. However, in places where money is broken (i.e. venezuela) or government is broken (i.e. refugee camps), it is possible that a crypto-currency might be more useful than fiat.