slavaan Posted February 26, 2019 #1 Posted February 26, 2019 There is a huge humanitarian crisis in Venezuela due to its authoritarian government, and now it seems that a cryptocurrency (Bitcoin) actually helps the local population throughout these rough times. https://all-stocks.net/venezuelan-economist-bitcoin-is-saving-lives-in-venezuela/ This is why I like cryptocurrencies. Not only that it takes back some of the control of banks and governments, but it also aids struggling people who are suffering from oppressive regimes.
wry Posted February 26, 2019 #2 Posted February 26, 2019 I totally agree, the Venezuela situation is exactly the kind of situation that a private deflationary currency like Bitcoin can help with. By being a decentralized payment system it also keeps the government from cutting off funding to certain groups. I hope things get better for the people of Venezuela soon.
skillex Posted February 26, 2019 #3 Posted February 26, 2019 This is great. There will be time soon where many countries will experience what Venezuela experience also and thats the time that they will recognize the true importance of blockchain.
Kate Posted February 27, 2019 #4 Posted February 27, 2019 Venezuela is a very poor country and I hope that by using the blockchain more often they can prosper then.
williamshennie9 Posted February 27, 2019 #5 Posted February 27, 2019 I fully agree. There is a lot of potential for bitcoin in countries where people have unstable economies and unstable incomes etc. I really see the potential for cryptocurrencies here
bmg Posted March 6, 2019 #6 Posted March 6, 2019 Its always so nice to hear great things that crypto currency is doing to better countries. It's a long road ahead but crypto is slowly becoming the patch in broken places for finacial struggles in may ways.
HumberRolls Posted March 11, 2019 #7 Posted March 11, 2019 But in my country, there is too much Venezuelan who sells for dollars and then it goes well for his country
Kate Posted March 11, 2019 #8 Posted March 11, 2019 19 minutes ago, HumberRolls said: But in my country, there is too much Venezuelan who sells for dollars and then it goes well for his country Sells bitcoin for dollars or sells random things for dollars ? Also they sell 1 Bitcoin for dollars or huge dollars ?
HumberRolls Posted March 12, 2019 #9 Posted March 12, 2019 I say that it sells bitcoins for dollars and there are people who buy dollars to bolivares that send their country (to their families) and remember that 1 dollar is worth a lot of bolivares
KiXxnTRiXx Posted March 12, 2019 #10 Posted March 12, 2019 Same here, i agree.. Banks, Government (not all people as individuals but as a whole, what it represents) are owned by greedy corporations only looking to milk us for everything until our last breath.. this is why i truely wish that cryptos will never be in control by these crooks.. Banks creates money from thin air and the goverment made it possible for the banks to do it.. If regular people like us does what they do.. we would be imprisoned.. its also ridiculous that it cost more to create coins more than its value.. crypto needs to remain out of these associations controlled by greedy corporations..
bicoinman Posted March 16, 2019 #11 Posted March 16, 2019 On 3/12/2019 at 9:55 PM, KiXxnTRiXx said: Same here, i agree.. Banks, Government (not all people as individuals but as a whole, what it represents) are owned by greedy corporations only looking to milk us for everything until our last breath.. this is why i truely wish that cryptos will never be in control by these crooks.. Banks creates money from thin air and the goverment made it possible for the banks to do it.. If regular people like us does what they do.. we would be imprisoned.. its also ridiculous that it cost more to create coins more than its value.. crypto needs to remain out of these associations controlled by greedy corporations.. you say Banks made money out of nothing and the government allowed the banks to do so. If ordinary people do what they do, we would be imprisoned...but if this entering money did not exist what we will live in the world?? in total misery or even the fall of the country as it is a little the case of this country? .. it's paradoxical I find Cheers,bro...!
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