Venezuela is buying Bitcoin with airport taxes to smuggle in US dollars, report - The Next Web
26/07/2019 Link to sourceVenezuela is buying Bitcoin with airport taxes to smuggle in US dollars, report Venezuela appears to be leveraging cryptocurrencies as part of a larger effort to bypass US sanctions.
Context
Venezuela, Bolivarian Republic of The Bolivarian Republic of Venezuela is a country on the northern coast of South America. | |
Bitcoin Foundation The Bitcoin Foundation was launched in September 2012 to accelerate the global growth of bitcoin through standardization, protection, and promotion of the open source protocol. | |
Bitcoin Bitcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. | |
Bitcoin Bitcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collect |