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Author Topic: How did Bitcoin save Venezuela?  (Read 1137 times)
lobo13hf
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December 06, 2017, 10:56:54 PM
 #61

The economic of Venezuela is fallen and bitcoin didn't save it. Where do you get this information?
The bitcoin just saves the venezuelan personally, a lot of the cryptocoin news already poster about that news. The bitcoin gets a lot of the value against the dollar value and it saves the majority of the venezuelan that used the bitcoin as the currency. They can buy a food with it. but the governor consider it as illegal activity.



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February 17, 2018, 08:22:12 PM
 #62


It's too early to say that bitcoin saved Venezuela, because only time will tell if the path with bitcoin was the right decision for the country, because one day everything can collapse and this will lead to an even greater collapse of the country !!

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February 17, 2018, 09:26:43 PM
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It's too early to say that bitcoin saved Venezuela, because only time will tell if the path with bitcoin was the right decision for the country, because one day everything can collapse and this will lead to an even greater collapse of the country !!
Venezuela is a pioneer in applying bitcoin to transform people's lives. Initially brought a lot of innovation for their country. I think this is the right direction for some poor countries so they can study more about bitcoin and the application of blockchain technology in life.

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February 17, 2018, 10:50:04 PM
 #64

Bitcoins, as well as cryptocurrencies, are not a thing to save a country, Bitcoin does not depend on it, nor is it governed by any nation. So that you saying that Bitcoin save Venezuela is a wrong thing. Bitcoins, as well as cryptos, are created to create a new currency, which makes it easier to trade and exchange without dependence on the government.

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February 17, 2018, 11:50:59 PM
 #65

Venezuela is a pioneer in applying bitcoin to transform people's lives. Initially brought a lot of innovation for their country. I think this is the right direction for some poor countries so they can study more about bitcoin and the application of blockchain technology in life.
What are you talking about? Venezuela didn't do anything with Bitcoin. It's just that some people have decided to use Bitcoin on a small/local scale, due to the massive economical problems there.

Aside from Bitcoin, certain local governments there have created their own form of paper money that isn't tied to their main currency due to how much value it has lost (and will still lose) throughout the years.

I just don't understand why people here act like Bitcoin has been an actual form of help to that country. It's probably a sign that they don't bother to figure out what's going on and just blatantly reply to the title only.

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