Maduro says Venezuela to get $ 1 bn injection from 'bitcoin' sale. April 27, 2018. With rampant inflation more than decimating the bolivar, Venezuelan authorities are banking on the petro becoming a digital means of pulling them out of crisis. Venezuela's government, which is facing a worsening liquidity …
Google Alert – bitcoin
Venezuela is calling for its citizens to build cryptocurrency mining farms throughout the country. The government has set up a crypto mining program which president Nicolas Maduro hopes will attract at least 1 million people such as university students, the unemployed, single mothers and the homeless.
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Venezuela has chosen a platform on which to auction its “oil-backed cryptocurrency”, the petro. While the country’s National Assembly has repeatedly declared this new currency illegal, the Venezuelan government will proceed with the auction of the petro on the country’s official foreign exchange platform.
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I just paid dinner in Bitcoin. Venezuela is not mass adopting Bitcoin for now but various sites are starting to accept Bitcoin as payment in Bolivares suffer from inflation.
Here are the pics in bad quality of a couple of dishes + BTC transaction already confirmed.
https://picoolio.net/image/IaGW https://picoolio.net/image/IaGK https://picoolio.net/image/IaQ3
And yes it's a expensive restaurant in Venezuela, based on all the problems here… there are restaurants that are still offering good quality service and dishes but for an expensive price compared to monthly salary.
I'm happy Bitcoin is growing and these options are now here.
Thanks for reading.
PS. not sharing this because country where I made payment. I'm sharing because Bitcoin adoption. I would love to keep discussions of Venezuela out. But If you want me to explain current situation, you are free send me a private message.
submitted by /u/oscar_salas93
Bitcoin – The Currency of the Internet