venezuela

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Venezuela independence day celebartion 211 years and depending to CHINA ,Rusia and Iran.

6 Jul 2022 2 minute read 0 comments giuseppe 2022

Celebration Today, Venezuela, a Latin American country, celebrates its 211 years of independence by having separated from European empires, mainly from the Spanish empire, a struggle that began years before but was finally declared on July 5, 1811.On...

Another own goal from banks: Portuguese Novo Banco blocks payment for millions of vaccines and syringes to Venezuela

30 Sep 2021 1 minute read 2 comments Kovichni

A Portuguese bank is holding almost 11 million Euros meant as payment for 13 million doses of various vaccines and 30 million medical syringes for Venezuela, based on illegal sanctions against Venezuela from solely the United States. Which is btw why...

Does FIAT Inflation lead to Crypto Adoption? 128 countries compared!

19 Aug 2021 3 minute read 11 comments crush89

Inflation is nothing to laugh at... In some countries suffering from unmanageable inflation rates, cryptocurrency adoption has gone through the roof as people find different ways to hedge against it. It's not exactly funny when your salary worth thou...

Electronic Commerce Index (B2C E-commerce)

20 Feb 2021 1 minute read 2 comments Juan Molina

UNCTAD is the United Nations Conference on Trade and Development. This UN division issues an annual report whose main theme is electronic commerce, where the different types of trade are analyzed: Companies - Companies Companies - Consumers...

Recipe to increase $NANO adoption in Spanish-speaking markets

15 Feb 2021 3 minute read 0 comments Paraguanads

Due to the great reception that my last article had about my experience with cryptocurrencies in Venezuela, making special mention of $NANO, I wanted to draw up a list of ideas that may be useful to achieve greater penetration of that currency in eme...

My experience with cryptocurrencies since hyperinflation: Venezuela chapter

13 Feb 2021 4 minute read 0 comments Paraguanads

We Venezuelans have a disaster in the economy: we cannot deny that we run the second worst economy on the planet thanks to hyperinflation that has fully become part of our daily lives and that seems unsolvable. It would take many years of education t...

Worldwide crypto soaring: inevitable and necessary.

30 Jan 2021 4 minute read 0 comments Paraguanads

Despite the turbulent days that were experienced during the year 2020 by the pandemic that made the planet “hit the brakes” and contracted the economy of almost all countries, a series of events that have occurred this new year, makes cryptocurrencie...

100% Digitalization of Payments in Venezuela

28 Jan 2021 2 minute read 3 comments Juan Molina

Source   After having faced two reconversions (2008 and 2018) and several implementations of monetary cones, the financial and payments system in Venezuela is on the verge of collapse. The scarcity of national currency banknotes accentuates the...

Financial vs. Formal Dollarization

6 Dec 2020 1 minute read 0 comments Juan Molina

Image Source   The economy of Venezuelan citizens has not only been forcibly alienated by US dollars, but also by currencies from other countries. In cities in the border states, the use of foreign currencies is a day-to-day situation. On the border...

Venezuelan Army Mining Bitcoin For Unblockable Income

3 Dec 2020 2 minute read 0 comments Hermitworldwide

Venezuelan army mining bitcoin for unblockable income I read about the Venezuelan army mining bitcoin for unblockable income a few days ago. Venezuela is facing one of the worst economic crisis, but their bounce back is backed by millions around the...