Cake Wallet for Gray-Market Economies: Why Privacy and Zero-KYC Matter in Developing Nations
A Venezuelan engineer has $8,000 in savings. The bolivar has lost 99% of its value in five years. The national bank has frozen foreign-currency accounts. Capital controls make legal conversion impossible. Moving money to relatives in Colombia requires either a physical border crossing with cash—a crime in both countries—or trusting an informal money changer who
