Cuba embraces bitcoin to subvert US sanctions - Decrypt
Within the communist-led country of Cuba, citizens subjected to US sanctions now have a means of escape; and it's partly thanks to bitcoin.
According to a report by US news, Cubans are taking advantage of innovative developments within the country. One change, in particular, is the emergence of mobile internet, which is opening up a myriad of options to Cuba's citizens. Sanctions inflicted by a US trade restriction stretching back to the 1960s, have permanently hindered the country's access to goods and services; including essential online payment systems. Now, with mobile internet firmly established, Cubans appear to be turning to cryptocurrencies like bitcoin to subvert the US trade embargo.
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gence of mobile internet, which is opening up a myriad of options to Cuba's citizens. Sanctions inflicted by a US trade