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Let's Make Venezuela Great Again? Toon #1

27 September 2018 19:45, UTC
Let's Make Venezuela Great Again? Toon #1

We officially open a new section - Bitnewstoday toon. The most meaningful digital economic trends through the eyes of the brilliant cartoonist Maxim Smagin who has joined our team! We are proud to have him on board!

We all know what el Petro is. And if you want to understand what Trump has to do with it, read our series of articles on Venezuela.


Will The Cryptocurrency Help To Bypass The Sanctions?

The idea of circumventing all sorts of sanctions with the help of crypto currency has appeared for a long time. About a year ago the President of Venezuela, Nicolas Maduro, announced the creation of the "Blockchain Observatory", an institutional organization whose task was to study the economic and legal conditions for the creation of its own cryptocurrency…(read more)

807a10facfe6bda0643cb8cdb15ff716.jpgEl Petro To Force The Next Global Financial And Economic Crisis

Long time ago the president of Venezuela Nicolas Maduro was a bus driver completed only a secondary school. Now this South American country threatens to plunge world economics into a new system crisis. So where is the connection with virtual currency? (read more)

91ea666fc5bad11560eba1d0d4204617.jpgNicolas Maduro's Hype Is Too Expensive For Venezuela

The world economic community is concerned about Nicolas Maduro's initiative. Not for Venezuela, of course, but for the situation on global market. In order to obtain a complete picture, we plunged deeper into the problem and listened to the Venezuelans' views of issuing El Petro. The skepticism of country's inhabitants is no less than that of economists… (read more)

66636aaa4d868ca881ece547be388345.jpgNew Venezuelan Currency to Finish EL Petro Along With the Country

The launch of a new fiat currency is a part of Maduro's strategy to combat hyperinflation. Many critics consider this step to be another failure of the socialist policy, which will only further lead the already lost country into crisis. And there are real reasons for that…(read more)

мадуро.jpgVenezuela's Economic Disaster: How El Petro Can Oppose The USA Politics

It is a mistaken belief that if a country is based on “black gold”, then people will be fine too. There are a lot of places on the planet where there are huge oil reserves, but for one reason or another, the raw material card cannot be played. Venezuela refers exactly to such places. Previously, the United States of America was the main buyer of its resources…(read more)

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