Tag: venezuela

Jun 17 2021

Bitcoinist Book Club: “The Bitcoin Standard” (Chapter 4, Part 3: Money and Hyperinflation)

Let’s finish the 4th chapter once and for all, book lovers. As promised, we’re going to take government money to court and analyze its track record. How do you think it did? We’ll also analyze the hyperinflation phenomenon, which as it turns out, “is a form of economic disaster unique to government money.” How does it work? You’ll know by the...

May 31 2021

Venezuelan Authorities Detain Two Alleged LocalBitcoins Scammers

The two Venezuelans allegedly scammed around 36 people through the Bitcoin P2P platform.

Mar 17 2021

Interview: Bitcoin, Venezuela And Day Game With Apex ₿

Apex ₿ joined Bitcoin Magazine’s “Meet The Taco Plebs" to discuss his rabbit hole journey and the peace Bitcoin brings him.Watch This Episode On YouTubeListen To This...

Mar 03 2021

Reserve App to Launch in March

On 27 February, Reserve announced that its app will be available in March. For several months, the Reserve team has been hiring, coding, and designing the app with the aim of beating inflammation. The app will be available to the thousands of people that have been on the waitlist. Besides, it will first become available to those in Venezuela before reaching others....

Feb 27 2021

Why Won’t Bitcoin Die? Because You Need It

“Why won’t bitcoin die?” is a common question I’ve heard asked throughout the years by people sitting on the sidelines watching the bitcoin price hectically rise and fall, time and time again. The mainstream media will tell you that bitcoin is a speculative bubble, your financial advisor will tell you that you’re wasting your time by investing in it, your friends and family...

Why Won’t Bitcoin Die? Because You Need It

Bitcoin is not a speculative bubble fueled by degenerate gamblers. It’s capital flight from collapsing fiat currencies.“Why won’t bitcoin die?” is a common question I’ve heard asked throughout the...

Jan 28 2021

Bitcoin and Inflation: Everything You Need to Know

The cryptocurrency was designed to counter the harms of inflation, but is this really such a big issue?

Jan 26 2021

Jan 07 2021

Bull Run Democracy, Revisited

Jan 07 2021 Published at CoinDesk under tags  charity democracy opinion people venezuela

In 2017, high-flying bitcoiners attempted to foment democracy in Venezuela by airdropping crypto and paper wallets. What did we learn from these experiments?

Dec 09 2020

Crypto Remittances Prove Their Worth in Latin America

Dec 09 2020 Published at CoinDesk under tags  argentina bitso latin america markets mexico

Crypto remittances are growing in Latin America, particularly in the wake of other remittance platforms shutting off access to some markets.

Latin America Reports Surge in Bitcoin Trading

Rising inflation and economic crisis caused by COVID-19 pushed regional bitcoin trading volumes to a record high.

Dec 04 2020

Pizza Hut Now Accepting Cryptocurrency

Pizza Hut in now accepting cryptocurrency as a payment option, but there is a catch. To take advantage of this offer, you would have to travel to Venezuela. As one of the oldest pizza chains in the country, Pizza Hut will now allow its Venezuelan customers to pay for their purchases using Bitcoin...

Nov 30 2020

Pizza Hut Venezuela Now Accepts Crypto Payments

Nov 30 2020 Published at CoinDesk under tags  bitcoin business coinflash news payments

The Venezuelan arm of the restaurant chain now accepts dash and bitcoin through CryptoBuyer.

Nov 20 2020

Circle Using USDC Stablecoin to Aid Venezuela Crisis

Nov 20 2020 Published at Crypto Briefing under tags  airtm business circle venezuela

Circle is partnering with the Bolivarian Republic of Venezuela and Airtm to distribute USDC. ...

US Government Enlists USDC for ‘Global Foreign Policy Objective’ in Venezuela: Circle CEO

Nov 20 2020 Published at CoinDesk under tags  circle news policy & regulation usdc venezuela

The U.S. government is sending USDC payments to Venezuela using Circle and Airtm to bypass Nicolas Maduro, the nation's dictator.

Nov 11 2020

Venezuela’s Bitcoin Story Puts It in a Category of One

Venezuela’s peer-to-peer bitcoin activity has been extraordinary, whether measured as an absolute or relative to GDP, according to CoinDesk Research data.

Nov 10 2020

Oct 28 2020

From Brazil To Turkey, Bitcoin Prices Hit All-Time Highs Around The World

This article also appeared in our Down The Rabbit Hole newsletter. If you want our news and analysis straight to your inbox, make sure you subscribe now! One bitcoin will always be worth 1 bitcoin, but its price relative to fiat currencies is an important indicator of how much people around the world value the opportunity to opt...

Oct 03 2020

Venezuela Authorizes Pilot Program for DeFi Exchange

The National Superintendency of Securities of Venezuela has authorized the operation of a decentralized (DeFi) electronic exchange known as BDVE. This pilot program is being touted as the "world's first decentralized stock exchange." This project from Venezuela is a DeFi project on the Ethereum network that will be tested in the next 90 days. Users will be able to buy...

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