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

2019-5-13 16:30

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.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

TrustPlus (TRUST) на Currencies.ru

$ 0.00388 (+0.00%)

Объем 24H $0

Изменеия 24h: 0.00 %, 7d: -44.03 %

Cегодня L: $0.00388 - H: $0.00388

Капитализация $135.274k Rank 99999

Доступно / Всего 34.865m TRUST

venezuela money bitcoin btc country technology trust

203 +

Источник: ambcrypto.com

venezuela money → Результатов: 41

Huobi Partners With Reserve For New Token Sale: A Stablecoin For Venezuela

Huobi Prime has unveiled the third project on its premium token sale platform, a stablecoin project with ambitions to become a universal store of value and “the future of money”. Reserve, an algorithmic stablecoin initiative and payments network for emerging markets, will launch its protocol token, known as Reserve Rights (RSR) on Huobi Prime by […] The post Huobi Partners With Reserve For New Token Sale: A Stablecoin For Venezuela appeared first on Crypto Briefing.

2019-5-13 19:59	Stablecoins
token stablecoin huobi reserve sale project venezuela

214 +

What’s Holding Back Bitcoin in Venezuela? This Group Is Investigating

The Open Money Initiative is bringing insights from Venezuela to help crypto startups make better tools for people in distressed economies.

2019-5-10 16:00
venezuela make startups help better crypto tools

128 +

Berkshire Hathaway VC: “If You End Up Printing Too Much, You End Up Like Venezuela”

Berkshire Hathaway Vice Chairman Charlie Munger says political leaders in the US and Europe should not push central banks to cut interest rates. “I am so afraid of a democracy getting the idea that you can just print money to solve all problems.

2019-5-7 18:19	Finance
berkshire hathaway print money idea getting afraid

220 +

Debunking Bitcoin Myths: "It’s Only for Criminals"

A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against BitcoinBitcoin’s core value proposition is that it is an uncontrolled, apolitical money.

2019-4-30 20:16	Op-ed
bitcoin world like developing people value much

402 +

Bernie Sanders’ Economic Policy Would Send Population Buying Bitcoin

By CCN: Hold onto your bitcoin. Stephanie Kelton, U. S. economist and senior economic advisor for Bernie Sanders 2020, just declared war on the U. S. dollar, tweeting: “The carpenter can’t run out of inches.

2019-4-28 21:36	Bitcoin
run out bitcoin economic bernie sanders carpenter

202 +

President of Venezuela, Maduro, Urges Citizens to Choose His “Petro” Coin Instead of Bitcoin

On Thursday, April 25, 2019, President of Venezuela, Nicolas Maduro allegedly took to Periscope, a medium devoted to live appearances, to express the need to increase confidence in the nation’s cryptocurrency, Petro.

2019-4-26 17:12	Coins
maduro petro venezuela president citizens noted two

195 +

Bitcoin Interest (BCI) Launches Food Charity Drive in Venezuela

The ongoing financial crisis in Venezuela has significantly tainted the country’s reputation. Inflation is too high that people are throwing away money on the streets of Caracas, the nation's capital.

2019-4-11 06:35	News
venezuela interest bitcoin drive food bci called

238 +

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.

2019-3-31 16:30	Venezuela
petro venezuela country save cryptocurrency origin supposed

163 +

Trumps Imposes Sanctions Against Banks in Venezuela. The Country Studies Crypto Payments to Fight Back

A few hours ago, the Trump administration issued a new set of sanctions against Venezuelan banks, aiming to make it more difficult for the people to mobilize their money and pay for goods and services.

2019-3-23 04:41
against banks sanctions fight back trumps payments

159 +

Bitcoin Trading Plummets in Venezuela Blackout as Government Struggles to Pay Money Printers

Bitcoin use in Venezuela took a hit this week after a persisting electricity blackout appeared to limit the ability of users to transact. Bitcoin Trades Drop 40 Percent That was the conclusion of some cryptocurrency commentators as data showed weekly trade volumes on P2P platform Localbitcoins fell by 40 percent in the week ending March 9.

2019-3-15 04:00	Venezuela
blackout venezuela bitcoin march week percent government

326 +

Venezuelan Economist: Cryptocurrency Is ‘Good’ Money, Bolivars Are Not

The adoption of cryptocurrencies in Venezuela could contribute to economic recovery, argues one local economist.

2019-3-11 04:00	Venezuela
economist contribute could venezuela recovery local one

135 +

Litecoin (LTC) Price Analysis: Bulls Inch Higher, Will $50 Stand?

Latest Litecoin News Crypto is promoted as an alternative to the susceptible, government-issued fiat money. We can draw valuable lessons from events happening in Venezuela and what geopolitical factors can do to a currency propped by the strength of an economy’s export like in the case of Iran and what US sanctions did to the […]

2019-2-28 17:23	Price Analysis Charts
litecoin factors events happening venezuela geopolitical currency

175 +

Venezuelan Explains How Bitcoin Saves His Family

As the situation in Venezuela intensifies, a local bitcoin user details how he and his family use the cryptocurrency to survive the country’s ongoing crisis. Keeping all of his money in bitcoin, he only exchanges small amounts into the hyperinflating bolivar when necessary.

2019-2-25 07:45	Virtual Currency
bitcoin family explains venezuelan saves sec chair

206 +

How to Use Cryptocurrency to Send Money Abroad

The global remittance industry is huge. World Bank data shows that over $148 billion was sent abroad from the U. S. alone in 2017. As people leave nations gripped by hyperinflation, or simply move to look for better opportunities abroad, sending cash back home becomes a necessity.

2019-2-21 16:05	Venezuela
abroad people cryptocurrency send money use cash

201 +

P2P Bitcoin Trading Undergoes Sharp Rise in Venezuela, Outvalues Stock Exchange Trading by 157X

Hard hit by hyperinflation, an increasing number of Venezuelan citizens are now turning to Bitcoin to preserve the value of their money. It’s a desperate measure triggered by a desperate situation as the downward spiraling domestic economy renders the country’s sovereign fiat Bolivar practically worthless.

2019-2-15 15:39	trading
bitcoin trading 157x p2p desperate rise sharp

172 +

Venezuela Wants to Use Petro to Finance Large Housing Program

Completing a project to build 3 million homes for its suffering population is the next big initiative Venezuela wants to finance with its digital currency, the petro. The socialist government in Caracas says there is enough money and materials to fulfill the main objective of the “Great Housing Mission.

2019-1-7 00:15	Venezuela
venezuela finance housing petro wants use program

228 +

New Apollo Mixer Crypto Tool Makes Coin Mixing Untraceable via Encrypted Transactions

In a moment in which privacy is more vulnerable than never before, Apollo Mixer can be a great ally for individuals searching to safeguard their data. Indeed, there are some countries such as China or Venezuela in which institutions know (almost) everything what people do, including with their money. Bitcoin (BTC) became an important tool […]

2019-1-6 03:19	News
tool mixer apollo know china institutions venezuela

303 +

Money is Changing with Venezuela’s Petro Crypto and Central Banks’ Digital Currencies (CBDC)

Earlier this year, in February, Venezuela has finally gone through with the launch of their national cryptocurrency, Petro. The coin was said to be the means of dealing with hyperinflation, as their native fiat currency, the bolivar, continues to lose its value almost constantly.

2018-12-19 19:40	News
petro dealing venezuela fiat currency native means

159 +

Venezuela Continues to Drive the Petro Despite Ongoing Controversy

Reports coming out for Venezuela suggest that the government is now forcibly converting pensions from fiat to Petro, without the consent of their citizens. The Caracas Chronicles, which reports on Venezuelan issues in the English language, stated that On December 7, they [pensioners] got two messages and it seemed like the money for the pension […] The post Venezuela Continues to Drive the Petro Despite Ongoing Controversy appeared first on ZyCrypto.

2018-12-14 12:01	Venezuela
petro venezuela reports controversy drive continues despite

166 +

Mexican Startup Wants to Support Venezuelans With $1 Million Crypto Airdrop

Mexican startup Airtm will launch a campaign to raise donations for Venezuelans, a country whose poor monetary policies have plagued it with hyperinflation. Called the AirdropVenezuela.

2018-11-28 19:29	Digital assets
airtm zcash cryptocurrencies donations venezuelans platform company

304 +

RSK Merges With New RIF OS, Opens Potential for Increased Interoperability

Bitcoin-built smart contract platform RSK (a. k. a. Rootstock) is merging with an offshoot established by its founders. The partnership will allow it to spread its roots to Ethereum — and beyond.

2018-11-19 04:39	Bitcoin
rsk rif smart services bitcoin gutierrez-zaldivar infrastructure

633 +

RSK Merges With New RIF Labs, Opens Potential for Increased Interoperability

Bitcoin-built smart contract platform RSK (a. k. a. Rootstock) is merging with an offshoot established by its founders. The partnership will allow it to spread its roots to Ethereum — and beyond.

2018-11-20 04:39	Bitcoin
rsk rif smart bitcoin services gutierrez-zaldivar decentralized

476 +

Deltec Bank & Trust Issues Public Denial of Venezuelan Money Laundering Scheme Involvement

Deltec Bank & Trust has been the recipient of a lot of bad publicity in the last few weeks, between their alleged association with a recent money-laundering scheme involving Venezuela. In a statement issued to Tribune Business, Deltec maintained their lack of involvement, following a report that the US federal authorities intended to seize the […]

2018-11-10 05:48	News
deltec scheme involvement bank trust tribune issued

196 +

Bank of America Is Freezing Immigrant Funds: Time To Vote

As Representative Brad Sherman of California has helpfully pointed out, cryptocurrency is rat poison and only good for drugs and money laundering. Well, it might be okay if you live in Venezuela or Zimbabwe, or some other military regime where armed potentates have made honest markets impossible.

2018-11-7 19:28	USA
bank vote freezing immigrant funds america time

224 +

Venezuela’s Supreme Court of Justice Recognized Petro Cryptocurrency as Legal Tender

Venezuela is determined to become the first Latin American crypto nation, and after several delays, its government finally announced the launch of the Petro as a cryptocurrency created to counteract several of the problems associated with the issuance of traditional fiat money.

2018-11-3 18:55	Venezuela
petro cryptocurrency venezuela announced government several legal

190 +

Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive

As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.

2018-11-1 23:35	Op-ed
bitcoin energy mining currency use world traditional

415 +

Cryptos Gain Adoption Amid Venezuela’s Economic Turmoil

Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December.

2018-10-10 22:30	Venezuela
venezuela dash crypto people adoption turmoil maduro

596 +

Regulatory News Have Biggest Impact On Crypto Prices: Report

When media outlets report regulatory news such as bans on crypto (think China, Venezuela and South Korea) and treatment of initial coin offerings (ICOs) under securities laws (think U. S. ), these have the greatest negative effect on valuations, according to Sept.

2018-9-25 17:30
crypto report prices regulatory think biggest impact

203 +

Paxful CEO Ray Youssef Shows How Bitcoin Can Be Used for Social Good

Can bitcoin be used for social good? If anyone thinks so, it’s Ray Youssef, the CEO of peer-to-peer bitcoin platform Paxful. A successful entrepreneur in the crypto and blockchain space, Youssef comes from humble beginnings and understands the importance of maintaining control over one’s finances.

2018-9-15 21:50	Payments
bitcoin youssef paxful people she one says

775 +

Reddit Co-Founder Bullish Despite Bitcoin Volatility

Reddit Co-founder Alexis Ohanian has revealed his optimism about the future success of bitcoin despite the daily slump in price in an interview with Yahoo Finance.

2018-8-27 18:22	Adoption & community
bitcoin ohanian countries cryptocurrencies people value like

378 +

President of Venezuelan Cryptocurrencies Association: Cryptos are “The Evolution of Money”

The president of the Venezuelan Association of Cryptocurrencies “Asonacrip,” spoke on a radio show about his impressions of the potential that cryptocurrencies and blockchain technologies have for the evolution of the local economy.

2018-8-20 04:31	Venezuela
cryptocurrencies evolution president association venezuelan money cryptos

216 +

Panic in Venezuela as Maduro Launches New Money

Crypto public spaces have seen an uptick of Venezuelans posting today following a surprise announcement by Nicolas Maduro that the minimum wage is to increase from $1 to $30. That has... The post Panic in Venezuela as Maduro Launches New Money appeared first on Trustnodes.

2018-8-19 13:53	#tokens
maduro panic new money venezuela launches wage

204 +

Venezuela Tying The Bolivar To Its National Cryptocurrency

In the midst of runaway inflation, Venezuela will print new money, removing five zeroes from the denominations, and tie its national currency to the recently created petro.

2018-7-27 00:05	cryptocurrencies and tokens
national venezuela denominations five zeroes petro created

171 +

Venezuela’s Move to Crypto and away from State Sanctions and Inflation

In order to curb inflation in Venezuela, five zeroes will be removed from the national currency, the Bolivar according to July 26, 2018, reports. Furthermore, the value of the money will reportedly be tied to the government-controlled cryptocurrency, the Petro.

2018-7-27 23:00	Venezuela
venezuela inflation move crypto away sanctions state

400 +

Slowly but Surely

In a country that has seen an estimated 99% devaluation of their currency over the last year, even $1 is seen as a lot of money. These images that recently surfaced on Reddit are reportedly showing a donation of just $230 that has been channeled into Venezuela through a cryptocurrency called Nano.

2018-7-17 06:00	nano
seen slowly surely difficult verify such authenticity

264 +

Venezuela Hits 43000% Inflation – Money Is Worthless

know I was thinking about it though Dave because we’re looking at the news with Venezuela it’s so sad. I don’t think people really understand the tragedy of hyperinflation but the tragedy means that you know some people literally don’t eat.

2018-7-6 07:34	News
venezuela people tragedy know don inflation 43000

231 +

EU’s Report on Cryptocurrencies: Says Officials “Should Not Ignore” Them

The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.

2018-7-3 23:28	Adoption
report vcs cryptocurrencies cryptocurrency currencies monetary should

752 +

Venezuela’s Fight With Inflation May Have Helped Cryptocurrency Acceptance

Faced with the rapid decline of their money’s purchasing power, Venezuelans have no choice but to come up with out-of-the-box solutions to offset the effects of their country’s sky-high inflation rate.

2018-6-25 20:37	Cryptocurrency
cryptocurrency inflation acceptance fight may helped venezuela

176 +

The Daily: Analysts Predict Bitcoin Will Rebound, Enthusiasm for State Coins Lost

In today’s Bitcoin in Brief we mention some optimistic mid to long term predictions for crypto markets. And while decentralized currencies are hurting in a bearish month, the prospects for state-issued virtual money look even dimmer.

2018-6-23 14:35	Venezuela
bitcoin coins enthusiasm rebound daily analysts lost

293 +

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Venezuelans cut off from Binance: How is this related to elections?

Venezuelan authorities have also blocked the world’s largest cryptocurrency exchange, Binance. Amid protests following the presidential elections, the Venezuelan government restricted access to Binance and several other online services.

Venezuela restricts access to Binance and X amid election unrest

Venezuelan government blocks Binance, X, Reddit, and Signal amid election unrest. CANTV, Venezuela’s state ISP, enforces the blockade as part of a crypto crackdown. President Maduro accuses Elon Musk of inciting protests and violating laws.

Maduro critics say Venezuelan president will use crypto to evade sanctions

Venezuelan activists have alleged that President Maduro and his government are seeking ways to circumnavigate international sanctions, with crypto transactions.

Venezuela cracks down on crypto mining to tackle energy crisis

Venezuela's Ministry of Electric Power plans to cut off crypto-mining companies drawing power from the national power grid SEN (Sistema Electrico Nacional).

Venezuela Turns To Crypto For Oil Sales To Evade Fresh Round Of U.S. Sanctions

Venezuela's state-owned oil company is using Tether’s USDT — the industry’s largest dollar-backed stablecoin — to skirt new US sanctions.

Venezuela reportedly turns to USDT for oil export as US sanctions bite

Venezuela’s state-run oil company PDVSA is allegedly set to increase crypto usage in its crude and fuel exports as the U.S. strengthens oil sanctions against the country. Venezuela‘s PDVSA, the world’s fifth largest oil exporter, is turning to stablecoin Tether…

Latin America crypto wave helps offset economic instability

A recent report from Chainalysis illuminates this grassroots crypto adoption across Latin America. Brazil, Argentina, and Mexico have emerged as leaders.

2019-5-13 16:30

venezuela money → Результатов: 41

2019-5-13 19:59

2019-5-10 16:00

2019-5-7 18:19

2019-4-30 20:16

2019-4-28 21:36

2019-4-26 17:12

2019-4-11 06:35

2019-3-31 16:30

2019-3-23 04:41

2019-3-15 04:00

2019-3-11 04:00

2019-2-28 17:23

2019-2-25 07:45

2019-2-21 16:05

2019-2-15 15:39

2019-1-7 00:15

2019-1-6 03:19

2018-12-19 19:40

2018-12-14 12:01

2018-11-28 19:29

2018-11-19 04:39

2018-11-20 04:39

2018-11-10 05:48

2018-11-7 19:28

2018-11-3 18:55

2018-11-1 23:35

2018-10-10 22:30

2018-9-25 17:30

2018-9-15 21:50

2018-8-27 18:22

2018-8-20 04:31

2018-8-19 13:53

2018-7-27 00:05

2018-7-27 23:00

2018-7-17 06:00

2018-7-6 07:34

2018-7-3 23:28

2018-6-25 20:37

2018-6-23 14:35

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Add news: propose for publication, Submit ICO