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RE: Project Venezuela: Official Launch [White Paper] English Version

In the country, all the cryptoworld is in a gray area, is not legal or ilegal. So, only we are going to manage with care.

I have read on Venezuelan newspapers that people has been put into jail for mining

Yes, is exactly like you say, to be more precise by bitcoin mining.

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So you are suporting and ilegal activity on your country? That's kind of dangerous don't you think? I'm 100% fan of descentralized technologies but you can't mess with the goverment, this is not a game, you have to follow the rules

We are not mining bitcoin.

It is my country there is no law, which establishes that the criptocurrencies are illegal, or legal, therefore it is not illegal.

There are no rules to follow in this topic. There are not even e-commerce laws. I explain?

It can't be quite legal if people has been put into jail for it that's not gray area that's prison and I'm sure you don't want to be there. Maybe you should push the goverment in some way into making it legal and then try to get people to adopt it

My government is quite authoritarian, when they see something that generates a lot of money they go against it, to take it.

Yes, it is one of our long-term goals, so that the appropriate legislation should be created. We are aware of it

The case of people who have been imprisoned for mining activity must be carefully analyzed, there are many factors that influenced that to happen. On the other hand, we are promoting the adoption of a disruptive technology, which does not necessarily have to do with digital coins. In our country conferences, events, talks and research on blockchain technology are carried out without any problem. Anyway, we will always go very carefully, even looking for all possible legal advice from professionals in the area.

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