Video: Valiu And Protecting Wealth In South America

Trading volume on peer-to-peer exchanges broke another all-time high in most of South America, Russia, and even in the U.S. South America Following Venezuela. According to recent stats, Bitcoin continues to gain popularity presenting itself as a way out from accentuated inflation, demonetization policies and general economic and political uncertainty in troubled countries. Besides Russia (as usual), LocalBitcoins has registered another record week across South America. Countries including Chile, Venezuela, Colombia, and Brazil are all seeing record high trading volumes in their respective....

World powers are fighting to influence policy in South America, but bitcoin prevents outside powers from exerting subversive pressure in the region.

In recent weeks, we have seen an increased level of interest in Bitcoin in South American countries, such as Argentina. Is this the beginning of a Bitcoin boom in South America, or should we be more realistic? South American Governments Wary of Bitcoin. South American countries are notorious for their history financial instability. Not only are most countries plagued with hyper-inflationary local currencies such as the Argentine Peso, but citizens are also having a hard time obtaining any other currency from the government. By locking down people in a very tightly controlled ecosystem,....

Bitcoin price surpassed the $1,000 margin in major Chinese and South Korean Bitcoin exchanges including Huobi and Korbit on Feb. 1, after the celebration of the God of Wealth and Chinese New Year. On Jan. 28, China and South Korea celebrated the Lunar New Year. In this time of the year, capital outflow significantly increases as Chinese and Korean people send red envelopes to relatives and friends as a cultural ceremony. Red envelopes contain cash and are usually given from the old to the young member of a family. On every fifth day of the first month of the Chinese lunar calendar, the....

Idea.me, a regional crowdfunding platform in South America, has embraced bitcoin payments. Although the platform uses a Montenegrin domain, it's an Argentinean outfit currently available in seven South American countries. In fact, Idea.me is the only regional crowdfunding platform in South America, according to TechCrunch. So far, the company has managed to raise $750,000 and it hopes to raise a further $2.4m in Series A funding next March. To date, the platform has funded over 450 projects using an estimated $2m. Idea.me recently added bitcoin as an alternative to more traditional payment....