Venezuela – A Case Study in Adoption

With it’s economic woes going back several years and with people being hit with hyperinflation definition rapidly eroding the value of wealth denominated in the bolivar (their native currency) cryptos, with their peer to peer decentralized characteristics are becoming a viable option as currency (and as a store if wealth) .

I feel like by watching Venezuela, we are getting an early preview if what the more stable economies will be seeing in a few years as far as everyday implementation and use cases.

That’s not to say that there’ll be new technologies that change the face if implementation when it happens here- in fact, I’d say there’s a good probability of that- what I am saying is that by looking at Venezuela now, we’ll get a preview of what us to come.

Enjoy, and be well Everyone.


For more posts tagged “Venezuela” click HERE


https://dailyhodl.com/2019/03/14/lights-go-out-on-bitcoin-in-venezuela-as-russian-bank-sanctioned-for-financing-national-cryptocurrency/


Headlines

Fast Food Giant KFC Accepts Cryptocurrency Dash in Venezuela

Bitcoin (BTC) Boosts Hundreds of Kids, Thanks to the ‘Walmart’ of Venezuela

Case Study: “How Venezuela Came to Be One of the Biggest Markets for Crypto in the World”


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Kucoin is also a good option for coins not listed on Binance. More Info Here

Changelly is a good option for exchanging coins without having to use an exchange and the fees are reasonable. More Info Here


Mining Cryptocurrencies on your PC

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