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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...
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...
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...
28 Nov 2020 1 minute read 2 comments Keith Thuerk
All Pizza Hut in Venezuela to accept Cryptocurrency! You might be thinking so what, I don't live anywhere near Venezuela. Think Bigger! 1) Pizza Hut is a US Based Multinational firm called Yum! Brands Inc. It is part of the Fortune 1000 and is pub...
24 Nov 2020 3 minute read 0 comments Hermitworldwide
As the whole world is about to be taken over by cryptocurrencies, we observe certain authorities still holding cryptocurrencies on ban lists for the morale they don't see in cryptocurrencies not just Bitcoin alone. There are thousands of cryptocur...
23 Nov 2020 3 minute read 2 comments Juan Molina
Image Source According to a report from the Central Bank of Venezuela (BCV), the net international reserves of the Republic, as of September 10, registered a balance of US $ 6.322 million, which reflects a decrease of US $ -103.0 million, compared...
20 Nov 2020 2 minute read 0 comments Juan Molina
Image Source In this article, I will talk about the "Venezuelan Banking System Dollarization Process". For this, I will analyze the initiative taken by the National Executive through the Central Bank of Venezuela (BCV), where it is proposed to estab...
18 Nov 2020 2 minute read 0 comments Juan Molina
In a previous article I talked about the launch of NFC Cryptocard for Venezuelans by the exchange platform Cryptobuyer. This company recently crystallized this project through the possibility for Venezuelans to obtain VISA Credit Cards, prepaid w...
3 Nov 2020 1 minute read 0 comments Mamaecrypto
Our 20th episode of the Mommin' It Monday is simply packed with the latest headlines in crypto. Join me and Lisa as we dive into a variety of topics. We start by discussing the latest article in my blog, "What Americans are Invested in", and pull...
29 Oct 2020 1 minute read 2 comments Juan Molina
Today 10/29/2020, there was once again an increase in the price of the dollar with respect to the national currency of Venezuela the "Bolivar", placing the exchange rate at 1USD = 540,149.73 Bs. This increase represents a rise of 35.37% compared to...
