Venezuela Crisis is a Great Chance for Crypto Adoption

[athena2007]

Due to the finacial crisis in Venezuela many people there are turning to crypto.. i dont blame them as thier currency there in venezuela is so low and not making any progress..

Do you think this is a good move by the masses ???  leave your opinion  below .

Source : https://cryptonews.com/news/venezuela-crisis-is-a-great-chance-for-crypto-adoption-2492.htm

[Kate]

2 hours ago, athena2007 said:

Due to the finacial crisis in Venezuela many people there are turning to crypto.. i dont blame them as thier currency there in venezuela is so low and not making any progress..

Do you think this is a good move by the masses ???  leave your opinion  below .

Source : https://cryptonews.com/news/venezuela-crisis-is-a-great-chance-for-crypto-adoption-2492.htm

Their country's president made their own coin called Petro Coin and making a new one called Petro Gold 

[athena2007]

12 minutes ago, Kate said:

Their country's president made their own coin called Petro Coin and making a new one called Petro Gold 

Hmm that sounds fishy to me i wont be buying any of his mickey mouse shitcoins thats 4 sure 

[MarkInvestment]

A very risky thing when it comes to investments

[wry]

Yes!  Yes!   YES!!!!  I have such sympathy for the people of Venezuela!  This is exactly the type of debacle a deflationary currency like Bitcoin could help with.  Of course, so could owning gold.  However, one of the reasons Venezuelans might have turned to socialism in the first place is that they were too poor to own much gold!  But anyone can afford 10,000 satoshi (.65 USD) and that would offer much more purchasing power over the next month than any amount of new Bolivers.