This Latin American Country Could Adopt Bitcoin as an Official Currency
“In order to deal with ever-growing issues with hyperinflation, the country of Venezuela may soon decide to adopt a new currency: Bitcoin.
As explained by CoinTelegraph, Bitcoin has been the subject of a massive amount of mining and purchasing over the last few months, leading to a number of rumors regarding the country’s desire to incorporate it into their financial structure.
According to Daniel Osorio, from Andean Capital Advisors, Venezuela may be on the verge of forgoing their Bolivar currency. During an interview last week, he told CNBC “we may well be witnessing the first ‘Bitcoinization’ of a sovereign state.”..”
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https://futurism.com/this-latin-american-country-could-adopt-bitcoin-as-an-official-currency/amp/
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