Venezuela News

Venezuelans Rely on Bitcoin to Survive, Disregard Fiat Completely

Venezuelans Rely on Bitcoin to Survive, Disregard Fiat Completely

MAR 19, 2017 | Joseph Young

For many Venezuelans, bitcoin isn’t just a financial network or an investment method. In fact for most, bitcoin is an important survivability tool that allows residents to support their families.

 15025   |    8
Bitcoin and Gold Equal in Price As Venezuela Sell-Off Imminent

Bitcoin and Gold Equal in Price As Venezuela Sell-Off Imminent

MAR 02, 2017 | William Suberg

Bitcoin and gold are at the same price, the metal having lost 10 percent amid concerns Venezuela will convert billions of dollars’ worth to repay debts.

 11471   |    2
Venezuela’s Largest Bitcoin Exchange Resumes Trading After Bank Conflict Resolution

Venezuela’s Largest Bitcoin Exchange Resumes Trading After Bank Conflict Resolution

FEB 23, 2017 | Joseph Young

SurBitcoin, the largest bitcoin exchange in Venezuela, will officially resume fiat-to-bitcoin trading by next week after solving its disputes with a major Venezuelan bank Banesco.

 4355   |    1
Bitcoin Price Climbs Up As P2P Bitcoin Trading Soars in China, Venezuela

Bitcoin Price Climbs Up As P2P Bitcoin Trading Soars in China, Venezuela

FEB 22, 2017 | Joël Valenzuela

Local Bitcoin trades have surged in China amid fears of a regulatory crackdown similar to Venezuela. Peer-to-peer Bitcoin trading is up across the board in restrictive countries.

 8531   |    2
Bitcoin Becomes Venezuelans’ Last Resort, Even When Buying Food

Bitcoin Becomes Venezuelans’ Last Resort, Even When Buying Food

JAN 03, 2017 | Joseph Young

Amidst the worsening economic crisis and financial turmoil, Venezuelans are in search for alternative assets and stores of value to finance their daily living.

 8483   |    7
Venezuelans Are Buying Bitcoin to Purchase Basic Goods, Treat Cancer

Venezuelans Are Buying Bitcoin to Purchase Basic Goods, Treat Cancer

DEC 17, 2016 | Joseph Young

As Venezuela’s national currency Bolivar Fuerte is rapidly losing value amidst hyperinflation, Venezuelans have started to rely on Bitcoin to finance their expenditures.

 8047   |    3
Copycat Currency: Venezuela Follows India into National Demonetization

Copycat Currency: Venezuela Follows India into National Demonetization

DEC 12, 2016 | Evander Smart

Embattled Venezuelan President Nicolas Maduro announced on Sunday that the 100-bolivar bill will be decommissioned.

 10644   |    2
Cash Wars: Paper in Focus as Governments Seek More Control

Cash Wars: Paper in Focus as Governments Seek More Control

NOV 21, 2016 | William Suberg

Amid India’s sudden currency reforms, cash is facing a global crackdown as governments move to take control over transactions, the paper in citizens’ pockets.

 2356
Bitcoin Surges 5% in South Africa, Venezuela With Its 1,500% Inflation May Follow

Bitcoin Surges 5% in South Africa, Venezuela With Its 1,500% Inflation May Follow

OCT 16, 2016 | Olusegun Ogundeji

Bitcoin price rose in its top African market this week, experts expect Venezuela to follow with its projected 1,500% inflation.

 3159   |    1
Crisis-Torn Venezuelans Opt For Dash and Bitcoin

Crisis-Torn Venezuelans Opt For Dash and Bitcoin

SEP 02, 2016 | Olusegun Ogundeji

Growing digital currency, Dash, has joined Bitcoin, due to soaring demand, as a part of a payment network that will benefit thousands of people suffering from Venezuela’s failing national economy.

 4255   |    1
Bitcoin Trading in Venezuela Shoots Up as Economy Worsens

Bitcoin Trading in Venezuela Shoots Up as Economy Worsens

AUG 02, 2016 | Joël Valenzuela

Venezuela, in the midst of a titanic economic collapse, has seen a sharp increase in Bitcoin trading.

 1413
Venezuelan Government Launches Anti-Bitcoin Campaign

Venezuelan Government Launches Anti-Bitcoin Campaign

MAR 25, 2016 | Charlie McCombie

The state-owned public television network of Venezuela has launched an anti-Bitcoin campaign.

 3392
The Venezuelan Economy: Bitcoin To The Rescue

The Venezuelan Economy: Bitcoin To The Rescue

JAN 30, 2016 | Iyke Aru

It is popular knowledge that the Venezuelan economy is passing through some very difficult times. As the nation struggles to find stability in it’s economy, can Bitcoin play any role at all?

 8349
Venezuela: A Severe Case of Bolivaritis (Op-Ed)

Venezuela: A Severe Case of Bolivaritis (Op-Ed)

AUG 04, 2015 | Omar Bessa

For outsiders, Venezuela is a big unknown. For insiders, the country is a subsidiary of economic hell. Everybody knows Venezuela’s struck with hyperinflation, but that’s like knowing someone with Ebola has a fever.

 209   |    1
Hyperinflation Leads the Number of Venezuelan Bitcoin Users to Double

Hyperinflation Leads the Number of Venezuelan Bitcoin Users to Double

JUN 12, 2015 | Joseph Young

The number of Venezuelan bitcoin users has doubled and the trading volumes of Venezuelan bitcoin exchanges have increased substantially since 2014.

 313
Venezuelans Rely on Bitcoin to Survive, Disregard Fiat Completely

Venezuelans Rely on Bitcoin to Survive, Disregard Fiat Completely

MAR 19, 2017 | Joseph Young

For many Venezuelans, bitcoin isn’t just a financial network or an investment method. In fact for most, bitcoin is an important survivability tool that allows residents to support their families.

 15025   |    8
Bitcoin and Gold Equal in Price As Venezuela Sell-Off Imminent

Bitcoin and Gold Equal in Price As Venezuela Sell-Off Imminent

MAR 02, 2017 | William Suberg

Bitcoin and gold are at the same price, the metal having lost 10 percent amid concerns Venezuela will convert billions of dollars’ worth to repay debts.

 11471   |    2
Copycat Currency: Venezuela Follows India into National Demonetization

Copycat Currency: Venezuela Follows India into National Demonetization

DEC 12, 2016 | Evander Smart

Embattled Venezuelan President Nicolas Maduro announced on Sunday that the 100-bolivar bill will be decommissioned.

 10644   |    2
Bitcoin Price Climbs Up As P2P Bitcoin Trading Soars in China, Venezuela

Bitcoin Price Climbs Up As P2P Bitcoin Trading Soars in China, Venezuela

FEB 22, 2017 | Joël Valenzuela

Local Bitcoin trades have surged in China amid fears of a regulatory crackdown similar to Venezuela. Peer-to-peer Bitcoin trading is up across the board in restrictive countries.

 8531   |    2
Bitcoin Becomes Venezuelans’ Last Resort, Even When Buying Food

Bitcoin Becomes Venezuelans’ Last Resort, Even When Buying Food

JAN 03, 2017 | Joseph Young

Amidst the worsening economic crisis and financial turmoil, Venezuelans are in search for alternative assets and stores of value to finance their daily living.

 8483   |    7
The Venezuelan Economy: Bitcoin To The Rescue

The Venezuelan Economy: Bitcoin To The Rescue

JAN 30, 2016 | Iyke Aru

It is popular knowledge that the Venezuelan economy is passing through some very difficult times. As the nation struggles to find stability in it’s economy, can Bitcoin play any role at all?

 8349
Venezuelans Are Buying Bitcoin to Purchase Basic Goods, Treat Cancer

Venezuelans Are Buying Bitcoin to Purchase Basic Goods, Treat Cancer

DEC 17, 2016 | Joseph Young

As Venezuela’s national currency Bolivar Fuerte is rapidly losing value amidst hyperinflation, Venezuelans have started to rely on Bitcoin to finance their expenditures.

 8047   |    3
Venezuela’s Largest Bitcoin Exchange Resumes Trading After Bank Conflict Resolution

Venezuela’s Largest Bitcoin Exchange Resumes Trading After Bank Conflict Resolution

FEB 23, 2017 | Joseph Young

SurBitcoin, the largest bitcoin exchange in Venezuela, will officially resume fiat-to-bitcoin trading by next week after solving its disputes with a major Venezuelan bank Banesco.

 4355   |    1
Crisis-Torn Venezuelans Opt For Dash and Bitcoin

Crisis-Torn Venezuelans Opt For Dash and Bitcoin

SEP 02, 2016 | Olusegun Ogundeji

Growing digital currency, Dash, has joined Bitcoin, due to soaring demand, as a part of a payment network that will benefit thousands of people suffering from Venezuela’s failing national economy.

 4255   |    1
Venezuelan Government Launches Anti-Bitcoin Campaign

Venezuelan Government Launches Anti-Bitcoin Campaign

MAR 25, 2016 | Charlie McCombie

The state-owned public television network of Venezuela has launched an anti-Bitcoin campaign.

 3392
Bitcoin Surges 5% in South Africa, Venezuela With Its 1,500% Inflation May Follow

Bitcoin Surges 5% in South Africa, Venezuela With Its 1,500% Inflation May Follow

OCT 16, 2016 | Olusegun Ogundeji

Bitcoin price rose in its top African market this week, experts expect Venezuela to follow with its projected 1,500% inflation.

 3159   |    1
Cash Wars: Paper in Focus as Governments Seek More Control

Cash Wars: Paper in Focus as Governments Seek More Control

NOV 21, 2016 | William Suberg

Amid India’s sudden currency reforms, cash is facing a global crackdown as governments move to take control over transactions, the paper in citizens’ pockets.

 2356
Bitcoin Trading in Venezuela Shoots Up as Economy Worsens

Bitcoin Trading in Venezuela Shoots Up as Economy Worsens

AUG 02, 2016 | Joël Valenzuela

Venezuela, in the midst of a titanic economic collapse, has seen a sharp increase in Bitcoin trading.

 1413
Venezuela: A Severe Case of Bolivaritis (Op-Ed)

Venezuela: A Severe Case of Bolivaritis (Op-Ed)

AUG 04, 2015 | Omar Bessa

For outsiders, Venezuela is a big unknown. For insiders, the country is a subsidiary of economic hell. Everybody knows Venezuela’s struck with hyperinflation, but that’s like knowing someone with Ebola has a fever.

 209   |    1
Hyperinflation Leads the Number of Venezuelan Bitcoin Users to Double

Hyperinflation Leads the Number of Venezuelan Bitcoin Users to Double

JUN 12, 2015 | Joseph Young

The number of Venezuelan bitcoin users has doubled and the trading volumes of Venezuelan bitcoin exchanges have increased substantially since 2014.

 313
Venezuelans Rely on Bitcoin to Survive, Disregard Fiat Completely

Venezuelans Rely on Bitcoin to Survive, Disregard Fiat Completely

MAR 19, 2017 | Joseph Young

For many Venezuelans, bitcoin isn’t just a financial network or an investment method. In fact for most, bitcoin is an important survivability tool that allows residents to support their families.

 15025   |    8
Bitcoin Becomes Venezuelans’ Last Resort, Even When Buying Food

Bitcoin Becomes Venezuelans’ Last Resort, Even When Buying Food

JAN 03, 2017 | Joseph Young

Amidst the worsening economic crisis and financial turmoil, Venezuelans are in search for alternative assets and stores of value to finance their daily living.

 8483   |    7
Venezuelans Are Buying Bitcoin to Purchase Basic Goods, Treat Cancer

Venezuelans Are Buying Bitcoin to Purchase Basic Goods, Treat Cancer

DEC 17, 2016 | Joseph Young

As Venezuela’s national currency Bolivar Fuerte is rapidly losing value amidst hyperinflation, Venezuelans have started to rely on Bitcoin to finance their expenditures.

 8047   |    3
Bitcoin Price Climbs Up As P2P Bitcoin Trading Soars in China, Venezuela

Bitcoin Price Climbs Up As P2P Bitcoin Trading Soars in China, Venezuela

FEB 22, 2017 | Joël Valenzuela

Local Bitcoin trades have surged in China amid fears of a regulatory crackdown similar to Venezuela. Peer-to-peer Bitcoin trading is up across the board in restrictive countries.

 8531   |    2
Bitcoin and Gold Equal in Price As Venezuela Sell-Off Imminent

Bitcoin and Gold Equal in Price As Venezuela Sell-Off Imminent

MAR 02, 2017 | William Suberg

Bitcoin and gold are at the same price, the metal having lost 10 percent amid concerns Venezuela will convert billions of dollars’ worth to repay debts.

 11471   |    2
Copycat Currency: Venezuela Follows India into National Demonetization

Copycat Currency: Venezuela Follows India into National Demonetization

DEC 12, 2016 | Evander Smart

Embattled Venezuelan President Nicolas Maduro announced on Sunday that the 100-bolivar bill will be decommissioned.

 10644   |    2
Venezuela: A Severe Case of Bolivaritis (Op-Ed)

Venezuela: A Severe Case of Bolivaritis (Op-Ed)

AUG 04, 2015 | Omar Bessa

For outsiders, Venezuela is a big unknown. For insiders, the country is a subsidiary of economic hell. Everybody knows Venezuela’s struck with hyperinflation, but that’s like knowing someone with Ebola has a fever.

 209   |    1
Venezuela’s Largest Bitcoin Exchange Resumes Trading After Bank Conflict Resolution

Venezuela’s Largest Bitcoin Exchange Resumes Trading After Bank Conflict Resolution

FEB 23, 2017 | Joseph Young

SurBitcoin, the largest bitcoin exchange in Venezuela, will officially resume fiat-to-bitcoin trading by next week after solving its disputes with a major Venezuelan bank Banesco.

 4355   |    1
Bitcoin Surges 5% in South Africa, Venezuela With Its 1,500% Inflation May Follow

Bitcoin Surges 5% in South Africa, Venezuela With Its 1,500% Inflation May Follow

OCT 16, 2016 | Olusegun Ogundeji

Bitcoin price rose in its top African market this week, experts expect Venezuela to follow with its projected 1,500% inflation.

 3159   |    1
Crisis-Torn Venezuelans Opt For Dash and Bitcoin

Crisis-Torn Venezuelans Opt For Dash and Bitcoin

SEP 02, 2016 | Olusegun Ogundeji

Growing digital currency, Dash, has joined Bitcoin, due to soaring demand, as a part of a payment network that will benefit thousands of people suffering from Venezuela’s failing national economy.

 4255   |    1
Bitcoin Trading in Venezuela Shoots Up as Economy Worsens

Bitcoin Trading in Venezuela Shoots Up as Economy Worsens

AUG 02, 2016 | Joël Valenzuela

Venezuela, in the midst of a titanic economic collapse, has seen a sharp increase in Bitcoin trading.

 1413
Venezuelan Government Launches Anti-Bitcoin Campaign

Venezuelan Government Launches Anti-Bitcoin Campaign

MAR 25, 2016 | Charlie McCombie

The state-owned public television network of Venezuela has launched an anti-Bitcoin campaign.

 3392
The Venezuelan Economy: Bitcoin To The Rescue

The Venezuelan Economy: Bitcoin To The Rescue

JAN 30, 2016 | Iyke Aru

It is popular knowledge that the Venezuelan economy is passing through some very difficult times. As the nation struggles to find stability in it’s economy, can Bitcoin play any role at all?

 8349
Cash Wars: Paper in Focus as Governments Seek More Control

Cash Wars: Paper in Focus as Governments Seek More Control

NOV 21, 2016 | William Suberg

Amid India’s sudden currency reforms, cash is facing a global crackdown as governments move to take control over transactions, the paper in citizens’ pockets.

 2356
Hyperinflation Leads the Number of Venezuelan Bitcoin Users to Double

Hyperinflation Leads the Number of Venezuelan Bitcoin Users to Double

JUN 12, 2015 | Joseph Young

The number of Venezuelan bitcoin users has doubled and the trading volumes of Venezuelan bitcoin exchanges have increased substantially since 2014.

 313

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