Why Bitcoin Cannot Fix the Socioeconomic Crisis in Venezuela [For Now]

2019-5-2 16:29

Venezuela has seen its national currency become practically worthless after undergoing one of the worst economic crisis in history. The inflation is all-time high – all the essential goods such as medicines and even toilet papers have soared in value.

More citizens are leaving the country every day, while the ones who cannot afford to. . .

The post Why Bitcoin Cannot Fix the Socioeconomic Crisis in Venezuela [For Now] appeared first on NewsBTC.

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crisis venezuela → Результатов: 33


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2018-10-2 00:03


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Venezuela Citizens See ‘No Sign’ of National Petro Cryptocurrency

Amidst a mounting economic crisis, Venezuela’s oil-backed cryptocurrency the Petro is nowhere to be found. Numerous reports indicate an almost non-existent usage within the country. ‘Hard to Spot Almost Anywhere’ According to a report from Reuters dated August 30th, the Venezuelan town of Atapirire has not yet reaped the fruits of Venezuela’s oil-backed cryptocurrency efforts.

2018-8-31 22:00