Post
Topic
Board Bitcoin Discussion
Re: Venezuela situation and Bitcoin mining.
by
DapanasFruit
on 20/02/2022, 02:56:07 UTC


I read a news months ago of some parts in Venezuela having problem on the supply of power so there was frequent brownouts then...has this problem been fixed or your location has no problem on supply? Now, having said that, what about the policy of the government on Bitcoin mining? This is so important because if the government will imposed a ban or severe restrictions then things can be put to a stop. On this aspect alone, if I am an investor then I would probably explore more opportunities in El Salvador which is now promoting its Bitcoin City concept to attract businesses related to cryptocurrency. I hope that the Venezuela government can take advantage of this opportunity by maybe establishing a special economic zone focusing on high-tech and crypto-aligned business activities.