Venezuelan government lambasts Bitcoin as currency of criminals

[LiteCoinGuy]

Venezuelan government lambasts Bitcoin as currency of criminals

As digital currency gains popularity in Latin America, Venezuela is one of the latest countries where ordinary consumers and businesses are turning to Bitcoin in the face of political instability and economic collapse.

https://thestack.com/world/2016/03/17/v ... criminals/


Wonder why? Look:



post19052.html#p19052

[iFixBTCmemoryIssues]

Venezuelan government lambasts Bitcoin as currency of criminals

As digital currency gains popularity in Latin America, Venezuela is one of the latest countries where ordinary consumers and businesses are turning to Bitcoin in the face of political instability and economic collapse.

https://thestack.com/world/2016/03/17/v ... criminals/


Wonder why? Look:



post19052.html#p19052

Isn't Venezuela in debt?

Wouldn't Venezuela benefit as a whole from Bitcoin?

Smart economics at work, maybe it's time to embrace and profit from new money.

[arnoudk]

Wouldn't Venezuela benefit as a whole from Bitcoin?

No, everyone in Venezuela, except Government, would benefit.

But they have obviously lost control. They are even trying to sue DolarToday, a website publishing the actual exchange rate (free market, black market exchange rate) instead of the government manipulated official rate. They are even trying to claim that a website is able to undermine their currency. Wow, these bureaucrats are just insane

http://www.theguardian.com/world/2015/o ... rterrorism

[iFixBTCmemoryIssues]

Wouldn't Venezuela benefit as a whole from Bitcoin?

No, everyone in Venezuela, except Government, would benefit.

But they have obviously lost control. They are even trying to sue DolarToday, a website publishing the actual exchange rate (free market, black market exchange rate) instead of the government manipulated official rate. They are even trying to claim that a website is able to undermine their currency. Wow, these bureaucrats are just insane

http://www.theguardian.com/world/2015/o ... rterrorism

Sueing DolarToday will only cost the people of Venezuela additional money.

Instead, tax Bitcoin in Venezuela.

$10M a month is better than none

[LiteCoinGuy]

Report: Two Venezuelan Men Arrested for Mining Bitcoin

According to a local report, two men in the city of Valencia, capital of the state of Carabobo, Venezuela were arrested by the Bolivarian Intelligence Service, the primary intelligence agency in Venezuela. The arrests were made few days ago, for mining bitcoin.

https://www.cryptocoinsnews.com/report- ... g-bitcoin/


they even go further with their unlawful behaviour

[arnoudk]

Report: Two Venezuelan Men Arrested for Mining Bitcoin

According to a local report, two men in the city of Valencia, capital of the state of Carabobo, Venezuela were arrested by the Bolivarian Intelligence Service, the primary intelligence agency in Venezuela. The arrests were made few days ago, for mining bitcoin.

https://www.cryptocoinsnews.com/report- ... g-bitcoin/


they even go further with their unlawful behaviour

They are showing their true colors. They are proving that there is no difference at all between a Mob extortion racket, and the Venezuelan Government.

Initiating violence, locking people up in a cage, for doing SHA256d calculations. The initiators of the violence are these "government" thugs. The two men arrested are completely innocent as they have committed no acts of aggression against anyone and have not initiated violence against anyone. The real criminals here are the "government" employees.

[arnoudk]

Instead, tax Bitcoin in Venezuela.

$10M a month is better than none

You're proposing a strategy that would actually work and benefit everyone. Very not-government-like