Venezuela facing hard economic crisis over the years, and the past month it begun to recover slowly. Now once again the scenario is going worse with nationwide powercut. Mundro indicates USA as the cause, even the capital city Caracas too is experiencing the same. Business people prefer moving out of the country, as they've lost hope of the recovery.
Will this make any impact on the global cryptocurrency economy as electricity is a much required resource for the successful functioning of bitcoin and major other cryptocurrencies in the market. I believe such scenario will never happen with any of the countries around.
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https://www.bbc.com/news/world-latin-america-36319877Dethroning the current president will bring chaos in any country and Venezuela proves it right. If it come to the point of power or electricity shortage then it will obviously affects cryptocurrency transaction in the country. This will not affect global transactions but hopefuly it will not come to that point.