Venezuelan Govt. Media Publishes Anti Bitcoin Rhetoric

Venezuelan Govt. Media Publishes Anti Bitcoin Rhetoric

A failing Venezuelan government that has left the country deep in the trenches of economic ruin has now published an article through a state-owned media outlet that sums up bitcoin as a currency used by criminals and terrorist groups who, it deems, are the “main activists and advocates [of] bitcoin.” In a time of hyperinflation and a failed economy, the country’s minimum wage alone puts Venezuelan citizens beyond poverty. A high unemployment rate and hyper-inflated food prices are among the most critical concerns faced by Venezuelans. Understandably, citizens have been....


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