Communist Party of Cuba Suggests Including Cryptocurrencies as an Alternative to Deal With Economic...

When a country faces a severe economic crisis or living in a long-lasting political turmoil, cryptocurrencies are often discussed as an alternative to deal with the tough times. Although...

1.2 Billion People Live Under Double-Digit Inflation, ‘Many Have Found Escape in Bitcoin’ Says...

While central banks are focusing on creating more stimulus and economists expect inflation in the U.S. to rise, a number of other countries are suffering from considerable inflation right...

Mexico’s Third-Wealthiest Individual Adds Bitcoin to His Twitter Bio

Just recently the Mexican billionaire, Ricardo Salinas Pliego, joined Elon Musk and a number of high-profile people, by adding the bitcoin hashtag to his Twitter bio. Salinas is one...

P2P Bitcoin Trading: Venezuela, Colombia Account for Over 23% of Total Localbitcoins Volume

A study revealed a rising trend in bitcoin (btc) volume trading across Latin America amid the coronavirus pandemic and rising inflation, pushing the figures to record highs and putting...

Hyperinflation and Rent Controls – 2020’s Telltale Signs of Economic Distress Haunts Many Nations

If history serves us well, 2020 is likely a precursor to a long and dreadful economic depression throughout a myriad of countries worldwide. During the last year, economists and...

Venezuela’s State-Run ‘Defi’ Crypto Exchange Goes Live After Maduro’s Anti-Blockade Speech

Decentralized finance (defi) is allegedly coming to Venezuela after a recent decree from Venezuelan President, Nicolás Maduro and the United Socialist Party of Venezuela. The government recently introduced a...

Venezuela To Start Using Cryptocurrency in Global Trade in Efforts To Fend off U.S....

Venezuela president Nicolas Maduro says the country is to start using cryptocurrency in both domestic and global trade, as part of efforts to neutralize crippling U.S. economic sanctions. Speaking in...

Bitcoin Trading Volumes in Venezuela Continue to Climb

Many Venezuelans have been buying up Bitcoin in ever-increasing numbers to hedge against currency devaluation. An Unparalleled Currency Crisis Venezuela was once one of the wealthiest countries in Latin America, with...

P2P Bitcoin And Sprint Transactions Soar In Venezuela

Venezuela’s inflation price topped 130,000% in 2018 as peer-to-peer Bitcoin and Sprint transactions reached new all-time highs month after month.  Bitcoin Thrives in Damaged Economies For the previous few years, the...

Venezuela Bitcoin Buying and selling Hits New Highs Amid US Embargo

U.S. President Donald Trump has simply imposed a complete financial embargo in opposition to Venezuela. Consequently, Bitcoin value is presently buying and selling at virtually a $1000 premium in...
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