Quote from: AicecreaME on October 19, 2019, 06:23:35 PM

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.

It is a good thing because the Government of Venezuela are fully committed on cryptocurrency and no bad intentions on using it like controlling it, they are like Japan who sees bitcoin as a new light of hope that could bring back their country in good feet and save their country in poverty. In this kind of movement, I am getting my high hopes that bitcoin could really be the main currency we are going to use since fiat is too vulnerable.

Fiat is just a mere piece of paper that have its value because the Governent says it's have one.

Yes, but still cryptocurrency is not the answer to their financial crisis, still they should find ways for them to be able to stand out again and overcome this problem to their country, and this should be a lesson that they should learned on their part. Crypto is always an opportunity, but I doubt if this can solve their issues, as we are talking about large sum of money. They should borrow in some countries to start again.