Advisor To President Of Colombia Calls Bitcoin “Most Brilliant Piece of Softw...
Jehudi Castro Sierra, Advisor To Iván Duque Márquez, The President of Colombia, Calls Bitcoin The “Most Brilliant Piece Of Software Ever”Jehudi Castro Sierra, Advisor to the President of Colombia, called Bitcoin the “most brilliant piece of software ever,” in an interview with CyptoPotato.During the interview, Sierra Castro clarified that his job is to advise the President on all matters related to technology and digital transformations. In that light, the country has become more focused on Bitcoin. “I approached Bitcoin as a great open-source project. After some time, I also got....
Related News
Colombia may ban Bitcoin transactions next week. El Tiempo is reporting that Colombia is planning to ban all Bitcoin-related transactions next week. This news comes as quite a shock because the fact of the matter is Colombia is not exactly the first country that people think about when it comes to hotspots of cryptocurrency. The Finance Superintendent of Colombia has claimed that virtual currencies are not safe because they have no backing from government. He claims that Colombia already has a safe and useful currency and there's no reason for people to use bitcoins. The El Tiempo article....
With less than a month to go before the US election, one distributed ledger startup's chief executive is making the pitch for a national 'FinTech advisor'. Chris Larsen, CEO of Ripple, is calling for the next US president to appoint an advisor to help navigate the rapidly changing financial technology sector. In a new blog post, released today, Larsen argues that technology is redrawing the boundaries of finance – and that the US government needs to take action to keep American companies competitive. His words of caution come weeks before Americans head to the polls on 8th November, an....
A former top economic advisor to President Donald Trump and president of Goldman Sachs has shared his view about bitcoin. He claims that the cryptocurrency “lacks some of the basic integrity of a real market,” warning that it “may fail.” Gary Cohn Thinks Bitcoin May Fail Former White House chief economic advisor Gary Cohn said in an interview with Bloomberg’s Emily Chang, published Monday, that bitcoin “may fail.” Cohn served as president and chief operating officer of Goldman Sachs for 26 years. He left the firm in 2016 to become President Donald....
The first real estate purchase with Bitcoin has been registered in Colombia last week. The company, called La Haus, sold one property in Santa Marta to a buyer that was not in Colombia at the time of the purchase. While Colombia is just starting to consider bitcoin for real estate payments, in neighboring countries like Venezuela, it is becoming more common to use crypto for such transactions.
Colombia Debuts Real Estate Purchases With Crypto
The real estate sector in Colombia has reached a milestone when it comes to cryptocurrency usage, after registering its first purchase with....
Former guerilla and Colombian economist, Gustavo Petro, was elected president of the country, beating his opponent who claimed ignorance of Bitcoin.