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Rebel Bitcoiners in Ecuador Open First Crypto ATMs
The government of Ecuador launched an all-out war on cryptocurrency about four years ago, even going so far as to push its own state-backed version. With local lapdog media attempting to scare the country’s populace, something of a backlash has taken place. A rather brave group of bitcoiners have opened crypto automated teller machines (ATMs) […]
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The Futility of Government Bans – Bitcoin Always Finds a Way
Cryptocurrencies have been threatened at one point or another by nearly every country on the planet. Rarely does a government venture beyond rhetoric. Those resorting to crackdowns are often met with greater public appetite for decentralized virtual money, making all that initial fuss an exercise in futility. Be they communist strongholds or liberal democracies, bitcoin […]
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Venezuela Urges 10 Other Countries to Adopt Its Oil-Backed Cryptocurrency
Venezuela’s president Nicolas Maduro has called for 10 other countries to adopt his planned oil-backed cryptocurrency, the petro. This move follows the country’s parliament declaring the issuance of this new currency illegal. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Maduro’s Proposal Maduro held a meeting of the […]
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