Dash Text Enables Remittance via SMS to Turn Venezuela Into a ‘Dash Nation’

Dash Text, an SMS-operated mobile application, has just launched in Venezuela and is aimed at enabling easy remittance in the DASH cryptocurrency. As Venezuela suffers from strict international sanctions and its national currency, the Bolivar, is being diluted on a daily basis, transactions and cross-border payments have become extremely cumbersome. дальше »

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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. дальше »

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Data Shows We Can’t Expect Cryptocurrency to Handle Inflation

Digital currency is being adopted in several nations fighting economic distress as a means to avoid inflation. In fact, crypto evangelists cite examples of African communities and countries like Venezuela to describe how digital coins could provide security from central banks’ policies and subsequent inflation in times of crisis. дальше »

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Where Is Petro – Venezuela’s Sovereign Cryptocurrency?

Cryptocurrency is the answer to some problems in the world, but it isn’t necessarily a savior for an economy plagued by hyperinflation and bad policies. The Nicolas Maduro led Venezuelan government has failed on several fronts to save the country from extreme hardships. дальше »

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Venezuela's Petro Cryptocurrency Is a Gift to Future Generations

The petro cryptocurrency may be one of the most ill-conceived blockchain projects. But it just might speak to exactly why the tech is gravely needed. дальше »

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Bitcoin Magazine’s Week in Review: More Than an Academic View of Progress

This past week has seen progress in two aspects of Bitcoin: privacy and payments. Attitudes toward blockchain technology are also showing progress as two surveys reveal. дальше »

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Cryptocurrency, Venezuela’s Answer to Economic Obliteration?

As the Venezuelan people are plunged further into fiscal despair, the Maduro government is attempting to resuscitate the broken economy by pegging the petro, an “oil backed cryptocurrency,” to the bolivar. дальше »

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Crypto-Based Education on the Rise at World’s Top Universities

Bitcoin (BTC), Cryptocurrency–Despite the crypto markets entering their ninth month of a bearish cycle from the last all-time high in valuation, adoption for the industry and blockchain has continued to grow exponentially throughout 2018. дальше »

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DOJ Special Agent Empathizes With Bitcoin Adoption in Venezuela

In an interview conducted earlier this month at the Chainxchange blockchain convention, Lilia Infante, a special agent with the U. S. Department of Justice (DOJ) who pioneered the DOJ’s first Cyber Investigative Task Force looking at the use of cryptocurrencies in criminal investigations, recently discussed her views regarding the adoption of virtual currencies. дальше »

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How Bitcoin and Blockchain Assets can Benefit from Global Fiat Currency Crisis

As Fiat Currency Reaches Worldwide Crisis, It Might Be The Time For Bitcoin To Prosper We all think that fiat is stable until it's not. We don’t even need to go that far in history. Zimbabwe, Venezuela, Iran, Turkey, and Argentina are all proofs that nationalized currency is only as strong as the government's decisions. […] дальше »

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Venezuela’s Oil-Backed Cryptocurrency Is Giving Blockchain A Bad Name

And it won't solve the country's economic problems either.

The post Venezuela’s Oil-Backed Cryptocurrency Is Giving Blockchain A Bad Name appeared first on Futurism.

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Venezuela Is Launching a New Currency to Help Save Its Economy

Venezuela’s economic conditions are worsening by the day, and the authorities have turned to digital coins to help facilitate growth. However, what started with the “Petro” as a digital currency experiment has now given way to a unique (albeit crazy) plan of the Maduro-led government. дальше »

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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. дальше »

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Bitcoin Magazine’s Week in Review: ETFs and Expansions

ETF’s are back in the news this week with the Winklevoss twins of Gemini getting rejected again, while investment firm Direxion was delayed till September on a final decision. дальше »

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“Economic Sovereignty” Through Bitcoin: Max Keiser and Stacy Herbert

When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong. дальше »

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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. дальше »

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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. дальше »

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