[2018-02-26] Venezuela Launches Free Cryptocurrency Training Course For Citizen

[cybersofts]

Venezuela Launches Free Cryptocurrency Training Course For Citizens




The Venezuelan government has launched a free cryptocurrency training course to teach its citizens how to buy, sell and mine digital currencies, particularly the oil-backed Petro that has been recently issued by the state, local news outlet Telesur TV reported on Saturday, Feb. 24.

The opening of the “Granja Laboratorio Petro” in Caracas takes place days after the launch of the oil-backed national cryptocurrency of Venezuela Petro (PTR) on Feb. 20.

Carmen Salvador, a teacher of cryptocurrency trading at the newly established training course, comments that the school offers “a completely free training,” noting that “in any international market a trading course cost more than $500 to $800.”

“Many of our young people here find it impossible to have this amount of resources, [but] the Venezuelan state is guaranteeing that all can participate through these plans," Salvador said.

Venezuela launched its own oil-backed cryptocurrency in order to attract foreign investors, bypassing the economic sanctions that are enforced against the country by the United States and the European Union.

Since the beginning of the pre-sale (ICO) of Petro on Feb. 20, at least $735 mln worth of investments have allegedly been secured, according to a tweet posted by president Nicolás Maduro. Another report by the Venezuelan news outlet Actualidad claims that a total of $1 bln has been raised in the first two days of the Petro sale.


Source: https://cointelegraph.com/news/venezuela-launches-free-cryptocurrency-training-course-for-citizens

[vickytechy]

I wish the same could also apply in developing countries like most in Africa. But on the contrary, what you get is persistent negative criticism from the government as well as the press.
Such s long way to go

[freedomno1]

Well we will see in the long run how this effort performs its a symbolic victory at least that cryptocurrency is being taught now.
Offering a course free to every citizen conceptually is good for the long run.
Blockchain is here to stay it's efficient to be informed on technology.

[jjacob]

The Government of Venezuela really doesn't need to do anything to educate its citizens. Thanks to the government's mismanagement of economic policies, most citizens have already learnt about Bitcoin because it is an essential survival skill. It is only the government's earlier crackdown which led to miners and traders going underground.

[CryptoBry]

Will Venezuela be able to pull this project to the moon? Well, what can I say but just wishing them luck. What I know is that the government is now also open to other cryptocurrencies so there is a possibility that Petro can soon be traded against the major cryptocurrencies we already have in the open market. In this case, I am supporting their integration to the whole crypto market and is not isolating itself. The success of this state experiment can be the role model for others to follow.