RE: RE: Venezuela's greatest economic mystery
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RE: Venezuela's greatest economic mystery

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5y

Hello, you are right in your research, the question you ask about the position that Venezuela occupies in the world range of cryptocurrencies is interesting, I would add that in Venezuela before the electrical crisis that was suffered and that they are still in failures, they settled in In bitcoin mining, the electrical cost was low cost because it allowed it to obtain good results and even entrepreneurs instead of investing in works or services and also because it was of intrinsic value that is not devalued and is anti-fraud, the other reason that the extraction of gold in Latin America and where the most productive mines are, they invest in this cryptocurrency motivated by speculation by the end of 2017 there was a rise until a bubble that lasted a few days and now well before the scenario of the covid -19 pandemic its value is boosted again. Thanks for your input