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Author Topic: Venezuela is about to launch a free cryptocurrency course for every citizen!  (Read 149 times)
mikfresh (OP)
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February 26, 2018, 08:36:20 PM
 #1

Believe or not in the Venezuelan Petro project, this news will change the perception of cryptocurrency all abroad. The fact that an entire Country has provided and shared such a big program will lay the foundation for a spread knowledge about this new and promising technology, and we all know how important is to spread the word in the world of Crypto.

The Venezuelan government has launched a free cryptocurrency training course to teach its citizens how to buy, sell and mine digital currencies, keeping a distinct eye on the Petro PTR cryptocurrency. The program we are referring to is called "Granja Laboratorio Petro", will be based in Caracas and will start after the launch of the pre-sale. The program that would otherwise cost from $600 to800, will be free for Venezuelan citizens, due to the interest by the government to spread the word.
The government, that is now in financial crysis, is probably trying to get new funds by attracting foreign investors bypassing the economic sanctions imposed by EU and USA.
The funds raised by the offering of PTR has now reached $1Billion as stated by Maduro and other press agencies.
Here is the pic from Maduro's tweet account. Let me know what you think, in my humble opinion, the more people know about crypto, the more this technology will grow overtime.
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February 26, 2018, 08:41:08 PM
 #2

Hmm, one of the most corrupt governments in the world, and a country who's currency is currently in hyperinflation is launching a cryptocurrency, some of which are often associated with market manipulation, hoarding and volatility. Sounds extremely shady, I highly doubt a cryptocurrency is what the country needs, as nobody is looking to trade money into Venezuela as there is no asset security.

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mikfresh (OP)
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February 26, 2018, 08:46:08 PM
 #3

Hmm, one of the most corrupt governments in the world, and a country who's currency is currently in hyperinflation is launching a cryptocurrency, some of which are often associated with market manipulation, hoarding and volatility. Sounds extremely shady, I highly doubt a cryptocurrency is what the country needs, as nobody is looking to trade money into Venezuela as there is no asset security.

It's one of the risk i'm aware of, and afraid of, but the fact that the Government decided to spread awareness among the citizens is a good thing IMHO, who knows maybe one day even Sweden will teach Swedish people about e-Krona!  Cheesy
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February 26, 2018, 08:48:09 PM
 #4

Hmm, one of the most corrupt governments in the world, and a country who's currency is currently in hyperinflation is launching a cryptocurrency, some of which are often associated with market manipulation, hoarding and volatility. Sounds extremely shady, I highly doubt a cryptocurrency is what the country needs, as nobody is looking to trade money into Venezuela as there is no asset security.

It's one of the risk i'm aware of, and afraid of, but the fact that the Government decided to spread awareness among the citizens is a good thing IMHO, who knows maybe one day even Sweden will teach Swedish people about e-Krona!  Cheesy

I know it's not totally applicable here but "even negative publicity is publicity".
mikfresh (OP)
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February 26, 2018, 08:49:32 PM
 #5

Hmm, one of the most corrupt governments in the world, and a country who's currency is currently in hyperinflation is launching a cryptocurrency, some of which are often associated with market manipulation, hoarding and volatility. Sounds extremely shady, I highly doubt a cryptocurrency is what the country needs, as nobody is looking to trade money into Venezuela as there is no asset security.

It's one of the risk i'm aware of, and afraid of, but the fact that the Government decided to spread awareness among the citizens is a good thing IMHO, who knows maybe one day even Sweden will teach Swedish people about e-Krona!  Cheesy

I know it's not totally applicable here but "even negative publicity is publicity".

Ahaha that's true nonetheless
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February 26, 2018, 08:52:11 PM
 #6

Hmm, one of the most corrupt governments in the world, and a country who's currency is currently in hyperinflation is launching a cryptocurrency, some of which are often associated with market manipulation, hoarding and volatility. Sounds extremely shady, I highly doubt a cryptocurrency is what the country needs, as nobody is looking to trade money into Venezuela as there is no asset security.

It's one of the risk i'm aware of, and afraid of, but the fact that the Government decided to spread awareness among the citizens is a good thing IMHO, who knows maybe one day even Sweden will teach Swedish people about e-Krona!  Cheesy

I know it's not totally applicable here but "even negative publicity is publicity".

Ahaha that's true nonetheless
I already put some money on Bitcoin so you guys should do it too before they do that course. The price is about to get wavy.

 
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February 26, 2018, 08:54:16 PM
 #7

I don't know the exact state of Venezuela as even the mainstream news are hard to trust.

But if they are really going to have a free crypto currency course for every citizen then that should be a good thing. Where getting closer and closer to the vision of the crypto currency.

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February 26, 2018, 09:04:26 PM
 #8

The Venezuelan president is one of the greatest advocate of cryptocurrency and he is indeed trying his best to encourage other presidents of the world to see the advantage of the blockchain technology.

mikfresh (OP)
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February 26, 2018, 09:11:40 PM
Last edit: February 26, 2018, 09:27:33 PM by mikfresh
 #9

Hmm, one of the most corrupt governments in the world, and a country who's currency is currently in hyperinflation is launching a cryptocurrency, some of which are often associated with market manipulation, hoarding and volatility. Sounds extremely shady, I highly doubt a cryptocurrency is what the country needs, as nobody is looking to trade money into Venezuela as there is no asset security.

It's one of the risk i'm aware of, and afraid of, but the fact that the Government decided to spread awareness among the citizens is a good thing IMHO, who knows maybe one day even Sweden will teach Swedish people about e-Krona!  Cheesy

I know it's not totally applicable here but "even negative publicity is publicity".

Ahaha that's true nonetheless
I already put some money on Bitcoin so you guys should do it too before they do that course. The price is about to get wavy.

If you have any link or info regarding the ICO please feel free to share, it may be useful for someone. I will take a deeper look myself even if my current financial situation is not too brilliant  Cheesy
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