RE: Venezuela Launches its own Cryptocurrency!?

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Venezuela Launches its own Cryptocurrency!?

in bitcoin •  7 years ago 

heres an amazing article on whats going on in venezuela by RUSSIAN news Reuters

https://www.reuters.com/investigates/special-report/venezuela-bus/

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7 years ago by

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      ·  7 years ago (edited)

    Wow, that is a quality bit of journalism. The whole situation is just mind boggling. It was saying that remittances (money sent home by migrants to their families) was propping up the country. If I remember correctly, OMG was designed in mind to circumvent predatory fees associated with that service.

    CryptoCurrencies will absolutely be playing a larger role here as failing states and organizations try to grasp at power and control over the flow of resources.
    Thank you, @exit404

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