I might be wrong but the way I see it South America isn't doing bad in crypto involvement one way or the other. If Paraguay manages to keep its electricity cheep the country could see a crypto boom in coming years.
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Paraguay Emerges as Popular Bitcoin Mining Destination, Weighs its Developmental Options
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It is important to tap into those opportunities to boost the economy of a country.
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This move have a good impact on the economy within a couple of years
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I think south america is not far away from adopting blockchain technology in real life. I hope that stable country like Paraguay will also be on the fore front of the crypto revolution.
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It is surely looking that way I like their openness to the crypto revolution
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Here in Europe electricity is very expensive
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So more reason for minners to flock Paraguay
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They are already adapting the crypto trend because they need it in their
economy in order to survive.. that they wouldn´t be poverty stricken countries such as Venezuela and Honduras...
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