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Venezuela Imposes Capital Controls on Bitcoin Remittance Amid Record Volume

Venezuela continues to reach new heights in terms of weekly Bitcoin trading volume. Meanwhile, the country’s government has issued new regulations that impose fees on Bitcoin remittance. 2,545 BTC: New Weekly Bitcoin Trading Record According to data from Coin Dance, Venezuelans traded 2,454 BTC via Localbitcoins (the P2P trading platform) for the week ending February 9, 2018. дальше »

2019-2-12 08:00


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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. дальше »

2019-2-5 23:06


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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. дальше »

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 […] дальше »

2019-2-3 22:43


Naval: Killer App of Crypto is Socialism, Venezuela is a Prime Example

The killer application of crypto is socialism, said Naval Ravikant. The killer app for crypto is Socialism. — Naval (@naval) January 26, 2019 The prominent entrepreneur, who co-founded AngelList, a website dedicated to matching startups with investors, emphasized the use case of crypto at a time when socialism is failing in Venezuela. дальше »

2019-1-27 18:34