Quote from: EcoChavCrypto on December 04, 2017, 11:53:39 PM

Yes, but only if they addapt their financial system to cryptos, if they just want to run their own crypto by their own rules, they are going to fail one more time.

Quote from: syberwolfen on December 04, 2017, 11:18:29 PM

Do you think bitcoin will help debt ridden or poor countries

Venezuela wants to start their own cryptocurrency, but probably it will be a mess. It is going to be centralized and probably the only ones who are going to be available to buy that one, are going to be the people from there.

And you all know that most of the people from there does not even have a dollar, because they live a whole month with a dollar!!!!!!!!! Because of this the marketcap will stuck and it will never go up.

But if they allow other investors, then it can be taken more seriously, and i would invest in there too, only a few bucks

Why would anyone use their cryptocurrency, they showed they cannot manage their fiat, they are the same guys with the same ideas that have sunk their economy, no one is going to use that abomination, it is no different to what happened to Zimbabwe, their currency disappeared and people began using dollars, and other currencies and the government created a currency pegged to the dollar, and what happened? The same as always they printed more of it and soon enough that currency is going to follow the same fate as their national currency.