The Venezuelan fiat currency (Bolivar) is battling hyperinflation for years and it is a clear example of why fiat currencies are not reliable and will not have a future inside the 21st century.
We have a viable solution for the fiat currency negative effects. Bitcoin Cash is the one merchants and consumers selected in order to replace fiat in Venezuela.
BCH will keep rising to the challenges and increase adoption.
BitcoinCash.Site is a Bitcoin Cash community focused on merchant onboarding mechanism and promotion of Bitcoin Cash adoption.
The site constantly uploads new merchants that accept Bitcoin Cash mostly in the capital of Venezuela, Caracas. Besides Venezuela, BitcoinCash.Site also has a team onboarding merchants and members in Medellin, Colombia.
Old Money is this people:
New Money is All People
Bitcoin Cash is money for the people and not just the elite.
I created this image combining a dozen pictures taken from the Twitter account of BitcoinCash.Site.
These are shop owners and merchants that adopted Bitcoin Cash for their payments just recently. Every day there are dozens of new tweets that explain the amount of adoption of Bitcoin Cash in the Venezuelan Capital and more Latin American cities.
@BitcoinCashSite is also on read.cash and posting regularly encouraging the community to participate in events and initiatives. (https://read.cash/@BitcoinCashSite).
They offer various bounties for the community and on their website at BitcoinCash.site we can find courses, tutorials, and infrastructure solutions for businesses.
On the website BitcoinCash.site we can find bounties for developers, writers, onboarding process, merchant and user adoption, mining, and a lot of news, discussions, and articles written by people of the field.
The latest initiative by the group is "Bitcoin Agents - Venezuela". You may want to take a look at this if you are from this particular part of the world.
Source: https://map.bitcoin.com/
After zooming in in the capital of Venezuela, Caracas, it was evident that Bitcoin Cash has become a second currency for the country. Hundreds of merchants accepting BCH as a means of payment. It seems that Bitcoin Cash is becoming an established P2P electronic money system, running in parallel with the failing fiat currency of this nation.
Venezuela is a shining example of what Bitcoin Cash can accomplish, but also a way to deal with economic problems and financial insecurity. Bitcoin Cash is a currency and a store of value for the citizens of Venezuela.
Lead Image is created using various pictures from BitcoinCash.Site.
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I live only eighteen kilometers from Caracas, in a picturesque bedroom town, well, now I don't sleep much because I'm active on noise.cash and read.cash. LOL.
I was also impressed when I zoomed in on the map and saw many green balloons over commercial areas of the capital. I believe that mass adoption will be faster in those places shaken in the socio-economic, by dislodging it from the areas of comfort.
The people of Venezuela have suffered a debacle that has prompted many to emigrate, but many remain reinventing themselves to enter the new society that is rising. The guys at Bitcoincash.site are an example of innovation and will to purpose.