Quote from: Reinsurer on January 29, 2019, 12:58:04 PM

Quote from: kolesozw on January 28, 2019, 05:23:15 AM

EU and UK are toothless loyal US dogs. They doesn't have own decision making process now. The point here isn't is Maduro good or bad, but the point is they are breaking all democratic principles.

Having Bitcoin will not help Maduro anyway. He will need to convert to fiat at some point. And all cryptos are what 120B? This is nothing compared to world finances and needs.

Thus, Washington intends to prevent the country's authorities from "plundering the wealth of Venezuela for their corrupt purposes." Bitcoin is unlikely to be a panacea in this case.

It is very difficult to draw conclusions when it is not clear what is happening in Venezuela.Apparently everything is very difficult there.And bitcoin really in such a situation is unlikely to help.I think that even if Maduro and his government converted Fiat money into bitcoin,opponents of the current government would still find a way to prevent this money from leaving the country.