Venezuelan can now renew their Passport with Bitcoin as payment.

[boyptc]

If this is real news, it's actually good news.

Much better to accept bitcoin for this kind of renewal rather than them accepting tons of Venezuelan bolivar which will require every person to carry those cash.

[1715000291]

1715000291

[DabsPoorVersion]

If this is real news, it's actually good news.

Much better to accept bitcoin for this kind of renewal rather than them accepting tons of Venezuelan bolivar which will require every person to carry those cash.

I do agree,

though it is stated in the article posted by OP that this is not confirmed yet, however, it is already visible in their portal that they are accepting bitcoin as payment. What really amazes me is, they think of having the rule that the client should finish the transaction within 8 minutes if he/she uses bitcoin.  This can really help them a lot to avoid any problems such as the problem of sudden changes in price of crypto.

[Paycoinzzz]

Venezuelan citizens who are abroad can reportedly use Bitcoin to pay for passport services.

According to BTC transaction images posted on Twitter by Ronny Martinez, an engineer who hosts an academic YouTube channel, the Venezuelan government is allowing Bitcoin as a payment option for passport renewals and extensions via its online immigration platform SAIME (Administrative Service for Identification, Migration and Foreigners).

Source

That's good news but I really feel sorry for the people of Venezuela. they have a very bad government and do not know how to run the economy, make the currency devalued and must use bitcoin to be able to pay. You know, when you hold bitcoins, all your expenses and revenue are transformed by the second and it is never good. I just hope that Venezuela can revive earlier so that people can be at peace.

[Latviand]

Venezuela is one of the few examples that Bitcoin can be viable for businesses and can be use for micro and macro transactions that can be regulated by Governments and Country's. The moment the financial markets gets worse with the continous printing of money we might see the current monetary system will be the same as Venezuela or Zimbabwe.

ANOTHER BITCOIN ADOPTION! That's a good step for Venezuela to achieve full mass adoption of bitcoin. Although there are still people who are not that knowledgeable about it, by that mode of payment, people will have an idea what bitcoin is. Hopefully, the government should regulate this use of cryptocurrency in many transactions properly so that they will not have a hard time promoting it in many businesses. If most of the businesses in Venezuela are knowledgeable about bitcoin then probably, most of the people will use it as a quick and safe transactions. That's the reason why printing a lot of money is prohibited, inflation will occur in the market.

[Leviathan.007]

Venezuela is experiencing economic crisis just like any other country in the world. US sanctions are also taking this country under pressure. But, in this time Bitcoin is helping this nation in order to pass the crisis and sanctions times. In other worlds, bitcoin is helping them to survive. That's because of the government decided embraces Bitcoin as a new legal technology in their country. Renewal on the passport is just one simple example of the solutions.

[boyptc]

If this is real news, it's actually good news.

Much better to accept bitcoin for this kind of renewal rather than them accepting tons of Venezuelan bolivar which will require every person to carry those cash.

I do agree,

though it is stated in the article posted by OP that this is not confirmed yet, however, it is already visible in their portal that they are accepting bitcoin as payment. What really amazes me is, they think of having the rule that the client should finish the transaction within 8 minutes if he/she uses bitcoin.  This can really help them a lot to avoid any problems such as the problem of sudden changes in price of crypto.

Paying in cash there is terrible.

I have watched a video that most people there are transacting cashless so this is possible and viable news. But, we have to wait for further confirmation.

[davis196]

Venezuelan citizens who are abroad can reportedly use Bitcoin to pay for passport services.

According to BTC transaction images posted on Twitter by Ronny Martinez, an engineer who hosts an academic YouTube channel, the Venezuelan government is allowing Bitcoin as a payment option for passport renewals and extensions via its online immigration platform SAIME (Administrative Service for Identification, Migration and Foreigners).

Source

That's great.I've never expected that the Venezuelan government will adopt BTC payments for such administrative services.I hope that this is going to be the beginning of a total Bitcoin adoption in Venezuela,since the national currency(bolivar) isn't stable enough.
Too sad that such countries turn to Bitcoin only in times of crisis and after trying all the other options,like the PETRO oil-backed currency,that failed miserably.

[Arkann]

In fact, in Venezuela, the use of cryptocurrency has been very actively developing since the beginning of 2020. As an example, we can recall the signing of an agreement on the sale of oil for the national cryptocurrency Ell Petro, and it was President Maduro who initiated this transaction. In addition, Maduro has repeatedly stated that they will continue to trade in oil in the future with the help of cryptocurrency, including using bitcoin, in order to circumvent US sanctions.
Of course, if we talk about a specific situation, namely the permission to issue passports using Bitcoin, then there was information that such a function was no longer available, but nevertheless, several users managed to use it. In addition, certain publications state that perhaps the migration service plans to create such an opportunity specifically for foreign citizens who can use Bitcoin, since not all Venezuelan citizens have the opportunity to buy Bitcoin.

[witcher_sense]

If this is real news, it's actually good news.

Much better to accept bitcoin for this kind of renewal rather than them accepting tons of Venezuelan bolivar which will require every person to carry those cash.

It is definitely much better for a government in Venezuela to accept bitcoin instead of useless cash. Bitcoin is very liquid and value-preserving asset, it can be exchanged to bolivars any time without loses in purchasing power. From that point of view, I don't see any reason for common people in Venezuela to start paying for services using valuable assets like Bitcoin, because there is always a better option for them such as to spend bad money first. Many believe that Venezuelan government wants to adopt bitcoin, I think it is a wrong assumption. In my opinion, what they really want is to seize sound money, which is bitcoin, from the country's population while hiding behind the idea of ​​accepting cryptocurrencies.

[kryptqnick]

Venezuelan citizens who are abroad can reportedly use Bitcoin to pay for passport services.

According to BTC transaction images posted on Twitter by Ronny Martinez, an engineer who hosts an academic YouTube channel, the Venezuelan government is allowing Bitcoin as a payment option for passport renewals and extensions via its online immigration platform SAIME (Administrative Service for Identification, Migration and Foreigners).

Source

This level of acceptance is truly great, but it's sad that it's only present in a country with such a destroyed economy and reputation... And I am not sure how many people would want to restore their Venezuelan passports, given the situation in that country.
At the same time, it's not surprising that Venezuela made this move since they have been embracing cryptos for a while now. Their centralized altcoin failed, so Bitcoin seems like a good solution. But unfortunately, Bitcoin cannot solve their problems, this requires fundamental changes of the system.

[Ulven]

Venezuelan citizens who are abroad can reportedly use Bitcoin to pay for passport services.

According to BTC transaction images posted on Twitter by Ronny Martinez, an engineer who hosts an academic YouTube channel, the Venezuelan government is allowing Bitcoin as a payment option for passport renewals and extensions via its online immigration platform SAIME (Administrative Service for Identification, Migration and Foreigners).

Source

This level of acceptance is truly great, but it's sad that it's only present in a country with such a destroyed economy and reputation... And I am not sure how many people would want to restore their Venezuelan passports, given the situation in that country.
At the same time, it's not surprising that Venezuela made this move since they have been embracing cryptos for a while now. Their centralized altcoin failed, so Bitcoin seems like a good solution. But unfortunately, Bitcoin cannot solve their problems, this requires fundamental changes of the system.

I share your opinion, I think Venezuela currently needs a political solution and regime change, Bitcoin cannot contribute to solving the country's economic problems. But it remains good news for the Venezuelans, who work in the field of cryptocurrencies and also for those residing outside the country!

[canaris1985]

One of the rare moments, when the whole state turns to BTC not cause it wants to, but cause it has to

[posi]

Venezuelan citizens who are abroad can reportedly use Bitcoin to pay for passport services.

According to BTC transaction images posted on Twitter by Ronny Martinez, an engineer who hosts an academic YouTube channel, the Venezuelan government is allowing Bitcoin as a payment option for passport renewals and extensions via its online immigration platform SAIME (Administrative Service for Identification, Migration and Foreigners).

Source

This level of acceptance is truly great, but it's sad that it's only present in a country with such a destroyed economy and reputation... And I am not sure how many people would want to restore their Venezuelan passports, given the situation in that country.
At the same time, it's not surprising that Venezuela made this move since they have been embracing cryptos for a while now. Their centralized altcoin failed, so Bitcoin seems like a good solution. But unfortunately, Bitcoin cannot solve their problems, this requires fundamental changes of the system.

It is sad that the country in the subject economy is currently meltdown but i think making crypto as part of the payment system of activities done in the country would limit the level of the economic meltdown and will also make Venezuelan rely more on cryptocurrency than their national currency.

[shata]

The online payment for Venezuela passport was temporarily unavailable without valid explanation according to the news released by Cointelegraph.

For the record, bitcoin and other online transaction is the better way for Venezuela country right now, knowing its rough times, as the country experienced hyperinflation. However, online payment should be efficient to sustain its transactions to its stakeholders.

[DdmrDdmr]

The context though is to accept BTC for passport renewals for those Venezuelan citizens living abroad (not living on Venezuelan soil). The scope of the news is therefore more limited than may seem at first glance, and is probably thought-out as a means to bypass sanctions, even if it is on a small scale in this case.
 
The problems with the site being down are thought to be related to actually adapting BTC as a payment method on the platform itself.

[ChiBitCTy]

Thanks for bringing this to our attention.  Of all countries, Venezuela certainly is one nation that could use bitcoin to a major advantage for their battered nation.  This is not unique to their government however, you can actually pay you taxes in bitcoin here in the United States.

[kawetsriyanto]

First, it is about regulation in the country. if the Bitcoin is legal for both payment and also a digital asset of investment, this case will be so easy. Moreover when there are many more merchants or parties that accept BTC as payment. I believe that the adoption of BTC and the blockchain technology will grow as easy as possible moreover rin that country. And fr the Venezuela, congratulation. your country has deserved good taking decisions to allow BTC as one of the transaction methods.

[Yaunfitda]

That's odd tough, because of this article:

https://fintechranking.com/2020/06/26/btc-payments-disabled-for-passports-in-venezuela/

Venezuela’s SAIME has recently halted accepting Bitcoins for passport applications. The officials have disabled methods without explanation and people were unable to find the relevant information on the official website.

The situation is very vague and so far there has not been any official announcement. Venezuelans living in the country can still pay for passport applications with the Blockchain-based Petro.

It should be pointed out that U.S. based cards such as Mastercard and Visa are unable to conduct business in the country. As there is a row between the United States and Venezuela the former put a lot of sanctions against Nicolas Maduro’s country, thus preventing famous companies like Visa to operate there.

So initially they have accepted BTC as payment method and then immediately stop it without giving the public an explanation? Maybe they are overwhelmed or something, so we will have to wait for some update from them.

[Bitstar_coin]

Venezuela is just looking for new ways to ease the sanctions imposed on them by the United States for more than a decade. Bitcoin is something that can help them do that, but the question is how many people in Venezuela actually have anything to do with Bitcoin. Weekly volume on their LocalBitcoins is just over 500 BTC, which is very modest for a country with almost 28.5 million inhabitants.

Bitcoin just can't solve their economic crisis, and the fact is that the average resident of that country can't afford to invest in BTC with a monthly salary of less than $10.

Well I guess now that it has been introduced the people of Venezuela will just have to start learning how to use btc, there is always a first-time in everything, maybe if this option was not introduced, many in that country still won't find the need to understand and really learn what btc is all about, and this also applies to many other countries that have very few people interested in btc,

Sometimes it is good to have a reason for getting involved in something, maybe other countries should emulate this attitude and introduce btc as an option for payment in some important businesses or organizations that will compel people to want to use btc, the more people getting to know and use btc the higher the chances of adoption.

[Pamadar]

Venezuelan citizens who are abroad can reportedly use Bitcoin to pay for passport services.

According to BTC transaction images posted on Twitter by Ronny Martinez, an engineer who hosts an academic YouTube channel, the Venezuelan government is allowing Bitcoin as a payment option for passport renewals and extensions via its online immigration platform SAIME (Administrative Service for Identification, Migration and Foreigners).

Source

Venezuelan Government is continuously supporting Bitcoin so no wonder why everything in their government specifically regarding payments will be available.
Though this news is not yet confirmed By Venezuela government but for sure this seems to be legit.

That's odd tough, because of this article:

https://fintechranking.com/2020/06/26/btc-payments-disabled-for-passports-in-venezuela/

Damn that's really frustrating,what about those who acquire the offer and being pending now because of the stopping?they are just making things worst lol.