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RE: Venezuela positioning to be global leader in the digital economy

in #venezuela7 years ago (edited)

As a Venezuelan that has watched my country go into the gutter over the years, I am excited to hear this however; I would much rather see Venezuela adopt bitcoin, which is something that is currently expected to happen as the bolivar collapses. An Oil-backed cryptocurrency created by Venezuelan government? Will it be decentralized? I am skeptical and intrigued all at the same time.

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Your last sentence sums it up for me as well. Skeptical and intrigued. I am going to lean towards optimism for now because it really is such a great idea and a great move for Venezuela- if played correctly.
BTC adoption in Venezuela would be excellent, for now, but with the split between Core and Cash, and the attempt to centralize and control Bitcoin thats currently unfolding, I'd be looking for more opportunities in projects like Petro, amongst others.

It makes sense indeed but really any cryptocurrency is a win. Jokingly, I think they can use doge and be better off :P

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