Venezuelan miners continue
working hard.
It is widely known that
there is a tyranny ruling over Venezuela. The economic crisis has affected so
deeply Venezuelans that they have started to see Bitcoin mining and other
cryptocurrencies as a way to improve their incomes. The salary in Venezuela does
not cover even the basic alimentary resources. Then Venezuelans are looking for
these kind of digital sources. However, the government has put in jail some
cryptominers and has considered Bitcoin as a threat. Many Venezuelans have not
stopped mining. They have stood strong in front of the tyranny. Buy and sell
Bitcoins in Venezuela could be a trouble due to the absence of dollars in the
country where just one dollar could value around 17.000 Bolivars. One dollar is
more than a salary day in the South American country.
Therefore, people from other
countries do not have any excuse about mining legally. If you don’t start
mining in your area where nobody is watching you and Bitcoin mining is not
prohibited, you are really losing your time. In contrast, if you’re a Bitcoiner
and you sometimes want to give up, then just remember how Venezuelans are
dealing with the situation. For example, if you live in India where the
internet connection is not as bad as it is Venezuela and there are just rumours
about what is going to happen with digital currencies, this is your moment to
buy and sell Bitcoins in India. Do not wait until it could be banned or made
illegal in your area. At least in India you can enjoy the best Bitcoin exchange
companies that assure your investment, while in Venezuela there are not
exchange companies and miners are obliged to look for people on the web that
buys their Bitcoins earned.
In short, what could happen
next in Venezuela is that the cryptocurrencies fame will be more famous. People
from that country always look for solutions and manners to evolve in spite of
the hard government they are trying to escape of. In other countries miners
should feel encouraged by the Venezuelans that continue keeping Bitcoin and
Ethereum as their first hopes.
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