Quote from: Finestream on October 02, 2019, 11:52:34 AM

Quote from: tadpole_bitfrog on September 28, 2019, 06:23:05 AM

According to the latest information from Bitcoin.com, they have reported on this. I don't know if this is a bad effect or a good effect on the market? Everyone can make a point here.

I think the title of the thread is misleading, and you have not attached any source of your information.
i have to search it to confirm if the information is correct,.

the title says' is holding cryptocurrency, but all the information I found says. they are still planning or wants.

Venezuela reportedly wants its central bank to hold bitcoin
Venezuela Readies Central Bank Crypto Payments

Venezuela's Central Bank Indicates Plans to Stockpile Bitcoin

It is strange that Bloomberg is now resorting to publishing clickbait articles to attract traffic. Venezuela seems to be desperate to inflate its Forex reserves, which as per the latest reports amounts to less than $8 billion. They want to inflate the value of the holdings, so that the national currency (Bolivar) could be exchanged for better rates.

But from where they are going to get Bitcoin or Ethereum for their reserves? A country which can't afford to import toilet paper is now trying to amass cryptocurrency? I think they should stick to their old plan of accumulating gold from the wild cat miners of the Amazon rain forest and exchanging it for foreign currency in the international market.