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. дальше »

2019-5-13 16:30

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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. дальше »

2019-5-1 22:00

Bitcoin [BTC]: Venezuela transacts record number of BTC trades as Petro fails to get support

Venezuela’s economy has been under constant strain for a while now as the country’s fiat currency continues to plummet in valuation. A massive hyperinflation rate of 2 million percent crippled the country to its core and according to reports, the situation might get worse as the rate is expected to reach 8 million percent by […] The post Bitcoin [BTC]: Venezuela transacts record number of BTC trades as Petro fails to get support appeared first on AMBCrypto. дальше »

2019-4-30 17:30

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Bitcoin Price Surge Sees Venezuela Hit Record Localbitcoins Highs

Bitcoin price highs last week had serious knock-on effects for some markets, with traders worldwide setting several new records. South America’s Record Bitcoin Trading Data from monitoring resource Coin Dance, which tracks volumes on P2P Bitcoin exchanges Localbitcoins, Paxful and Bisq, confirmed South America in particular saw huge amounts of fiat currency change hands during the seven days ending April 6. дальше »

2019-4-8 13:00

Petro and Venezuela: The origin of a cryptocurrency that was supposed to save the country

This is Part 1 of our article on Petro and Venezuela. Episodes of wars and conflict have long been tools by which empires have risen and fallen. With the onset of the new age and the Industrial Revolution, a key component of what makes the world tick was revealed – money, or more specifically, the […] The post Petro and Venezuela: The origin of a cryptocurrency that was supposed to save the country appeared first on AMBCrypto. дальше »

2019-3-31 16:30