Venezuela and New Hampshire in the U.S. are too vastly different economic areas. Yet despite this, two people, thousands of miles apart, are showing what it’s like to live off of Dash, a peer-to-peer digital currency for payments.
Joel Valenzuela is a cryptocurrency enthusiast living in New Hampshire and Eugenia Alcalá Sucre is an entrepreneur in Venezuela. For the past three years, Valenzuela has been living completely off of Dash to test its viability as a cryptocurrency; Sucre started paying for things with the altcoin last September when she organised the first Dash conference in the South American country.
Both speaking to CoinJournal, they explained why they are living off Dash and what made them chose the 11th most valuable altcoin.
According to Valenzuela, he started experimenting with using a P2P digital currency to see if it functioned as advertised. He initially started with Bitcoin, but found that it didn’t work as well after a while.
“I decided to keep the experiment going, and went for the only other solution that came even close to feasible at the time, which was Dash,” he added. “Since then it has become the most used cryptocurrency for payment purposes.”
According to DiscoverDash[1], there are more than 2,800 merchants listed as accepting Dash for payment in Venezuela. This is followed by the U.S. with just shy of 1,130. Retailers on DiscoverDash include Overstock. To fill in the gaps, services such as Bitrefill sell gift cards for Dash to platforms such as Amazon, Hotels.com, and eBay.
For Valenzuela, the easiest part about using Dash is its ability to be spent internationally from one person to another and on a P2P level. While he has used his Dash to purchase flights[2], festival tickets, food and drink, hotel rooms, and furniture, he does
