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Author Topic: Ethereum is Rising in Popularity in Venezuela Along With Bitcoin  (Read 294 times)
BitcoinTraveler (OP)
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July 12, 2017, 03:37:58 PM
 #1

Amidst the development of a nationwide financial turmoil, the demand towards Ethereum and Bitcoin are rapidly rising in Venezuela.

In April, the Venezuelan government revealed that the 2016 inflation rate for the Venezuelan Bolivar recorded 274 percent. Yet, economists and experts revealed that the actual inflation rate of the Venezuelan Bolivar has been far higher, with reports suggesting that the inflation was as high as 800 percent...

Link:
https://cointelegraph.com/news/ethereum-is-rising-in-popularity-in-venezuela-along-with-bitcoin

BitcoinTraveler (OP)
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July 12, 2017, 03:40:06 PM
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I wonder when Coin Telegraph will do a story about Bolivar Coin. That Altcoin is based in Venezuela, and it has a pretty long track record.

You can see more about it here:

http://coinmarketcap.com/currencies/bolivarcoin/

rogueknight
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July 12, 2017, 11:11:46 PM
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I wouldn't trust the numbers the government are giving out about their current inflation situation.
BitcoinTraveler (OP)
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July 12, 2017, 11:29:00 PM
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I wouldn't trust the numbers the government are giving out about their current inflation situation.


I think what you say makes good sense.  Smiley

mklost
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July 15, 2017, 12:51:21 AM
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People trust more in crypto than terrible economy in that country
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