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

2019-5-10 19:39

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 […]

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Venezuela Pro-Bitcoin Opposition May Use Maduro’s Sanctioned Funds To Oust Him

Bitcoin adoption crucible Venezuela could end up using its own sanctioned funds to topple the government if plans go ahead for an “army” of foreign mercenaries. Sources: Plans For ‘5000 Mercenaries’ As Reuters reported on April 30, Erik Prince, founder of the notorious private security contractor Blackwater, allegedly wants to use fiat currency locked up by foreign governments to finance an ongoing backlash against Nicolas Maduro’s regime.

2019-5-1 22:00


Ôîòî:

Living on Bitcoin for a Week in San Francisco

When I decided, maybe against my better judgement, to live on bitcoin for a week, the plan was met by a combination of cautions and jokes from friends and loved ones: “Just don’t starve,” “Well, it’s the New Year, a perfect time to start a new diet,” “Will you be able to eat?”, “Have you really thought about it?”I had “really” thought about it and it seemed not only sensible but necessary.

2019-2-5 23:06


Ôîòî:

Venezuela Breaks Bitcoin Trading Record Again As New Regulations Become Law

Venezuela set a new record for the amount it traded for Bitcoin (BTC) last week, showing cryptocurrency’s continued appeal in the face of ongoing political turmoil. 17. 1 Billion Bolivars For Bitcoin Data from Coin Dance, which tracks volumes on P2P trading platform Localbitcoins, showed that in fiat terms, the seven days ending February 2 were the busiest on record for Venezuela.

2019-2-4 12:00


Sudden Spike In Bitcoin’s Volume on LocalBitcoins in Venezuela is the Highest Ever

In last week alone, Venezuela has seen a sudden spike in bitcoin volume with an astounding $7 million worth of Bitcoin traded on LocalBitcoins. Trump and major U.S. allies have sought to unseat Venezuela’s authoritarian socialist president, Nicolas Maduro, and replace him with Juan Guaido, the leader of the country’s political opposition. “It could be […]

2019-2-3 22:43


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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 […]