Post
Topic
Board Economics
Re: How did Bitcoin save Venezuela?
by
worle1bm
on 11/03/2018, 16:21:51 UTC
And the exploitation of Bitcoin has become a tool to rescue the people of the country because they can take advantage of low electricity prices to exploit.
It has helped Venezuela to recover from debts but it has not saved it because nothing can save a country collapsing due to economic crices and a digital currency cannot help it out.The people working for it has helped and the favourable moves taken by the government has lead to rise of the nation.They have been to able to restructure their financial administration by getting motivated by the cryptos and taking early mover advantage. That's it which has helped it to recover.