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Author Topic: [2017-07-08] Venezuelans Keep Surviving Government Failures Thanks to Bitcoin a  (Read 869 times)
AgonyPaid
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July 13, 2017, 01:42:45 PM
 #21

I thought I commented this topic already, but I also have a friend on Facebook from there and we talked recently about the horrible situation inside the country. I asked him about Bitcoin and he answered that he have heard about it, but don't know how to use it. The last couple days in helping him to join the forum and the community. I hope I will help him in this economic situation and mass unemployed with some little stable income through bitcoin.

I'm sure that you helped not only one person, but all friends and relatives of this person. It is unfortunate that few residents of this country are keen on bitcoins. This could save their capital from inflation

Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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July 14, 2017, 11:09:54 AM
 #22

I am glad to hear that a bad economic country is now going to help the who have an investment in Bitcoin. there are a number of mining farms in Venezuela because electricity is cheap. in that scenario, Bitcoin will be the blessing for people.
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July 15, 2017, 08:14:20 AM
 #23

This is one area that Bitcoin can really be helping a country and their citizens at least even just to survive as they are still experiencing the great fallout from many failed economic policies in the past. It is actually for their government to shift the direction and accept that the past experiments had failed them miserably. Good thing that there is a Bitcoin that can make a good rescue.

Now, who can be saying that Bitcoin can destroy a country's economy? I think it can be a builder, instead.
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