There are many businesses in Venezuela accepting Bitcoin Cash and other cryptocurrencies, but it is uphill or very difficult to accelerate adoption due to the scams that came to Venezuela several years ago.
Lack of education has always been the basis of all crises in Latin America, and when it appears in the public arena, an alternative to safeguarding money and an opportunity to win with or without investment, then scam ideas begin to emerge from various parts of the world that They began to focus on uninformed countries in relation to the era of information and communication.
In Venezuela, Bitcoin came to save, or protect profits in a more solid currency than the bolivar, clandestine mining and the localbitcoin.com market grew exponentially, having Venezuela as one of the countries where BTC is traded the most in the world. despite the terrible crisis
Unfortunately, when we at BCH try to talk to some crypto companies, it immediately engages with some of these companies that approached bitcoin education as a form of selling, we'll see how they did it.
Best known scams
One Coin
This was a company that held free cryptocurrency workshops in luxury hotels in Venezuela. They had several businessmen convinced that someday you would earn thousands of Euros with a minimum investment of 140 Euros, the company was led by a woman named Ruja in Europe and she managed to earn more than 100 million Euros in less than 4 years.
Pyramid Forex
This was not really a company, it was simply a behavior that was generated from the profits of the first Trades that had huge profits with the arrival of BTC at more than 19 thousand dollars, many trades began to be requested by people who invested $ 500 already the week they had more than 1000 $ in earnings. When BTC begins to fall, debts started to rain and they had no choice but to switch funds to the forex currency market where they continued to make profits, but this time, they asked clients that they had to bring more people to leverage with plus thousands of dollars the profits, this led to fights between those who had losses and many times the bad advice of supposed trading experts who always lost money, now when a person offers trading courses people are scared believing that they are talking about Bitcoin a fatal failure for adoption...
BitClub Network
Another very common scam was that of cloud mining, where promoters compare profits with physical mining and tell victims where to win without having to make the big investment in machines, electricity, air conditioning, etc. Many users in Venezuela went online and could not make claims for the losses.
These are the scams to which I was personally invited and I was even talking to many of them, asking key questions and several times I was mocked and received offers to keep quiet or keep me happy, fortunately I never fell for any of them.
There are still many scams in Venezuela offering, courses and investment offers to many people, and we must avoid and be very cold of heart to fall for these scams, I tell you that I have even lost colleagues, friends and even people from the universities that fall in these offers and when they look for me to offer me to enter their network they tell me that I am wrong.
The DASH case
This is a very interesting case, because I remember that in some cities the leading cryptocurrency was this, and it was not in itself a scam, but in the case of Venezuela the leaders who held huge events that I suppose had a cost of more than 5 thousand dollars for events in luxury hotels for various fairs and various places where people of money frequented
When the leaders in Caracas found themselves unable to hand over clear accounts, in the US they canceled any job for Venezuela, and many of the businesses, which by the way were several, stopped using cryptocurrencies and abandoned adoption, now when you try to talk to them to the casod e bitcoin cash believe that we are offering the same style of work
The solution is Bitcoin Cash House
It is not because I am the one who is leading this project, but for several months I was trying to establish a more friendly relationship with companies in my city where by the way all these aforementioned scams occurred with a large number of participants, especially entrepreneurs.
I had to find a better way to adopt, that they would see the opportunities to protect their earnings at local.bitcoin.com and also how easy and fast it is to accept BCH with the Bitcoin.com wallet, in addition to other projects that it executes. this company, but in addition to this, have a place to meet with them and shake hands to see that we could clean up the market of the old scams, but that there is the customer service office in my city located in a good place to attend all those who want to learn from Bticoin Cash and see the opportunities.
At Bitcoin Cash House it is:
Education
Adoption
Investment
Remittances
We can hold executive meetings with some stakeholders, and get them to start using bitcoin cash in the local market as well. Bitcoin.com will soon grow and we will have big moves that will attract many investors.
If you want to sponsor me and help me in my work to clean up the market, leave me your ideas here in the comments I will be very attentive to improve things in future...
Nice one