- Uber driver was from Cuba...
He supports his family back home and has to pay $40 to send $100 using a travel office because there's no Western Union.
He had never heard about bitcoin.
He had never heard about bitcoin.
He's now enthralled and going to go watch YouTube videos to learn all about it, and have his family figure out how they can locally cash out of crypto and transfer into Cuban pesos, so he can send them more money by avoiding costly middlemen.
- He was so happy to no longer live under the Communist garbage he endured, and excited to bring his family here in a few months.
He deeply appreciated the relative increase freedom he was experiencing and had all kinds of tales to tell about what life was like in Cuba.
Economics isn't an abstract set of ideas—it's the lived experience of individuals.
Economics isn't an abstract set of ideas—it's the lived experience of individuals.
Monetary policy and political corruption (I repeat myself…) hurt people in very real ways, while often enriching the elite.
Crypto is the best chance we've ever had to eliminate the wasteful middlemen and keep evil people a little more honest."
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