Reveal spoiler
Crypto is Taking Over Venezuela, Due to the Country’s Destroyed Fiat System
Credits: newsbtc.com
Some guys are keenly interested in how this is gonna work out because Venezuela is a failing state but regardless they're trying to put crypto in to the mainstream.
Now, some would say, well, people aren't really interested in crypto because they're just trying to survive.
But you need to just understand that Venezuela is one of the first countries in the world that's trying to create crypto or have crypto be a main asset class, a main medium for transaction and if the country is failing, guess what? Now is the time to inject real change, and in some guys opinion cryptocurrency is the change that we all really need.
Your thoughts on Venezuela, let me know.
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Yeah
Is an “L” missing in bockchain (tag Of this post)?
Cheers! 👋
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ok thanks
You’re most welcome! 🙏🏻
Posted using Partiko iOS
They are having it hard because of the government, and maybe the US too. Why don't they just do all crypto and just open it all up and see what happens...
Yeah, why not give it a try
I expect crypto usage in Turkey to go through the roof shortly too...
Hm yeah hope so
the thing is petro is not backed by anything on the contrary belief it was backed by petrol. it is a dead born baby from the beginning. let see how it rolls out for madura in the near future.
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Hay que entender de que el petro! es solo una unidad contable que se establece a través de las reservas de petroleo y recursos del estado debido a que su valor no esta publicado o fijado en una pagina de criptomonedas.
Ya que es una moneda ilegal a nivel mundial debido a que no es aceptada para comercializar (algunos paises creo que la acepta ejemplo como Rusia).