Post
Topic
Board Economics
Re: Why are Venezuelan not switching to Bitcoin?
by
tyz
on 06/10/2017, 19:27:02 UTC
Venezuelan Central Bank convened a symposium in which foreign exchange representatives, known as DICOM, and blockchain private sector experts took part. The discussions covered a wide range of topics ranging from the technical aspects of blockchain to practical guidance on the implementation of tokens.
One of the speakers was Ángel Salazar, CEO of the Venezuelan blockchain- OnixCoin company. He explained that the motive behind organising the meeting was to find a way of using the technical capabilities cryptocurrencies in order to strengthen the state economy. He suggested that the bank should issue cryptocurrencies as a strategy to alleviate the fiscal difficulties affecting society.
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