In Venezuela the adoption of cryptocurrencies is growing..
While the price of bitcoin continues to climb, adoption in the world continues to grow as a clear indication that this new model of economic exchange is gaining ground in use and possession.
At the end of last year Venezuela was positioned in third place of the countries that have grown in the use of bitcoin and other cryptocurrencies, only surpassed by Russia and.
Simpletv joins.
A new service company announced the acceptance of bitcoin and other cryptocurrencies as a form of payment for the service they provide. It is the satellite television company SimpleTv.
SimpleTv is the company that replaced DirecTV in Venezuela, once it suspended operations in Venezuela, and from which it inherited a large user base, which makes it the largest satellite television operator.
Users will be able to pay ...
"Using not only bitcoin, but the rest of the cryptocurrencies that the platform supports: ether (ETH), DASH, litecoin (LTC), Cryptobuyer's own XPT token, and the stablecoin tether (USDT), through the Tron network. "
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SimpleTv joins other companies that in 2020 opened their doors to the adoption of cryptocurrencies as a form of payment.
"Excelsior Gama, in the capital (Caracas); Sigo and Rattan, on Margarita Island, the country's main tourist destination. Also well-known franchises such as Pizza Hut or Venezuelan government services began to accept bitcoin in 2020, one one of the most moved for the country with respect to the adoption of cryptocurrencies."
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Conclusions.
After 2017 when bitcoin began to popularize, Venezuela is one of the countries that has registered the highest volume of bitcoin transactions on the Localbitcoin platform, breaking its own record on several occasions.
This shows, on the other hand, the value of the crypto industry, as a decentralized form of exchange that grants true financial freedom to those who participate in it.
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Hello @fucho80!
I was not aware of the use of cryptocurrencies in these stores in Venezuela, this clearly shows how every day in the country grows the number of people working in these media and generating income. Greetings!
Hello @fucho80 friend, thank you for sharing this valuable data with us in your post, I did not know that SimpleTV was accepting cryptocurrencies, as well as other businesses, this is great news for Venezuelans because many purchases can be solved by paying without money but with crypto assets.
good
It is very good to know that Bitcoin is becoming popular in Venezuela.
This is another massive development to hear about and gradually the world will be gaining ground of the crypto good news
A comment from Russia - can't say we have an adoption progressing. The recent law (from this January) banned all crypto payments. Even promoting using crypto as a payment is prohibited and punishable by law. On the other hand the law fully legalized owning crypto and taking profit from it.