Can Bitcoin Help The Venezuela Crisis As Country Pawns Off Gold, Petro Dollar Slides Further Down

2019-5-20 19:01

Could Bitcoin Help Venezuela Crisis? According to the International Organization for Migration, a long period of serious political instability and economic crisis has caused the largest Latin American emigration seen in recent times from Venezuela.

The country’s inflation rate hit 1. 62 million percent in March but according to the International Monetary Fund (IMF), it is […].

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venezuela crisis country according international bitcoin help

Источник: bitcoinexchangeguide.com

venezuela crisis → Результатов: 39


Bitcoin [BTC] and Venezuela: An experiment on trust and technology?

Jill Carlson, the Co-founder of Open Money Initiative, spoke about the economic crisis in Venezuela and the role of cryptocurrencies in the country at the Magical Crypto Friends Conference 2019. Carlson’s presentation on ‘Designing for Extremes: Money Hacking in Venezuela’ provided an insight into the factors behind the country’s closed economy and its crumbling monetary […] The post Bitcoin [BTC] and Venezuela: An experiment on trust and technology? appeared first on AMBCrypto.

2019-5-13 16:30


The State Of Crypto Adoption In Venezuela Is Still Rising Amid Economic And Political Turmoil

The State Of Crypto Adoption In Venezuela Venezuela is currently going through a political crisis. And it’s effecting the economy as well. The inflammation rate of its currency has reached 1,300,300% in the 12 months leading to last November, according to the National Assembly controlled by the opposition. The question that seems to interest the […]

2019-5-10 19:39


Venezuelan Economic Professor Shares Passion Behind Cryptocurrency Advocacy in Spite of Bolivars Uselessness

As many of our readers are probably well aware of, the South American nation of Venezuela is currently in the midst of its worst ever financial crisis— with inflation rates currently at an all-time high due to a host of international economic sanctions that have been levied against the nation. As a result of all […]

2019-3-11 19:42


Crypto Will Soon be the Only Option for Venezuelans Looking to Buy a Passport

The thousands of people trying to get out of Venezuela will soon have another hurdle in their path: the inability to buy a passport without enough of the country’s new cryptocurrency Petro. Thousands Trying to Leave The economic crisis that led to the Petro’s creation has caused an estimated 5,000 people per day to leave […] The post Crypto Will Soon be the Only Option for Venezuelans Looking to Buy a Passport appeared first on CryptoSlate.

2018-10-6 18:00


Venezuela’s Worsening Economic Crisis Sees Cryptocurrency Bring in High Demand Involvement

Worsening Crisis For Venezuela’s Economic Brings High Demand For Cryptocurrency Involvement Venezuela has been suffering in its economy for quite a while, and things just seem to keep getting worse. Some of their citizens are even leaving to find a better and more reliable source of income. However, those who have decided to stay are […]

2018-10-2 00:03


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Venezuela Citizens See ‘No Sign’ of National Petro Cryptocurrency

Amidst a mounting economic crisis, Venezuela’s oil-backed cryptocurrency the Petro is nowhere to be found. Numerous reports indicate an almost non-existent usage within the country. ‘Hard to Spot Almost Anywhere’ According to a report from Reuters dated August 30th, the Venezuelan town of Atapirire has not yet reaped the fruits of Venezuela’s oil-backed cryptocurrency efforts.

2018-8-31 22:00


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Record $2 Trillion Deposited in the US Banks During Covid-19 Pandemic

Cash remains the king! According to FDIC data, a record $2 trillion in cash was added in the deposit accounts of US banks since the coronavirus first struck in the country in January. In April alone, the money flowing into banks grew by $865 billion, more than the record for an entire year. “Any way […]