Interview: Bitcoin Venezuela on Why the Petro Cryptocurrency Isn’t Even ‘Backed by Trust’

in #bitcoin6 years ago

petro-venezuela-640x394.jpg

Randy Brito is the head of Bitcoin Venezuela, a non-profit organization dedicated to educate and promote Bitcoin in Venezuela. He is also spearheading the Locha project, which he describes as “an effort to push the needed developments and research for achieving the hyperbitcoinization in Venezuela.” Brito also sees a use case for bitcoin in countries like Turkey and Iran,which have suffered hyperinflation and sanctions aimed at damaging the economy.

Sort:  

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Elias Ahmed from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Coin Marketplace

STEEM 0.21
TRX 0.26
JST 0.040
BTC 101164.87
ETH 3696.45
USDT 1.00
SBD 3.19