19 Mar '17, 7pm

Venezuelans Rely on Bitcoin to Survive, Disregard Fiat Completely

For many Venezuelans, Bitcoin isn’t just a financial network or an investment method. In fact, for most, Bitcoin is an important survivability tool that allows residents to support their families. Bitcoin is one of the very few currencies or assets that is decentralized in nature. Within the Bitcoin protocol and network, administrators or mediators aren’t present and users are wholly responsible for their financial activities. Benefiting the unbanked In underbanked regions , Bitcoin is an efficient settlement platform and cross-border payment facilitation tool as it allows anyone to obtain a wallet and start transacting immediately with Bitcoin, unlike banking services that require a certain level of fixed income and lists of identifications amongst other requirements. Residents in countries like Venezuela are struggling to obtain bank accounts and utilize financial servic...

Full article: https://cointelegraph.com/news/venezuelans-rely-on-bitcoi...

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Venezuelans Using 'Rare Pepes' and Bitcoin As Currency - Breitbart

Venezuelans Using 'Rare Pepes' and Bitcoin As C...

breitbart.com 27 Mar '17, 3pm

Internet users in Venezuela have finally quantified what it truly means to have a rare Pepe, buying and selling Pepe-theme...