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Why Venezuela will be the first bitcoinized nation?

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Avatar for realbitcoinclub
Written by   105
4 weeks ago

When I arrived in Venezuela on 16th of April 2019 I did so because I was impressed by the thousands of merchants the DASH them led by Lorenzo Rey promised on discoverdash.

I started an investigation on all the places they had listed and found out that many of them were non existent. Same was true for the BCH places that were promoted by an unknown team on marcocoino. I released a ten part investigation on the TRBC YT channel: http://youtube.com/c/BitcoinBeach

Then in autumn 2019 I managed to meet with Lorenzo Rey who had a project called Dash Text running, which allowed anyone with a simple smartphone to participate. That tool impressed me much and still does because the majority of the venezuelan population does not have a smartphone yet and I introduced many street merchants on how to work with that.

So I got a sponsorship by DASH Text who would reimburse my efforts with $200 per month of which I donated the majority to the local merchants.

Later I realized that Lorenzo Rey was acting very strange and I did an investigation on him which can be read on the DASH forums: https://www.dash.org/forum/threads/dash-text-quality-assurance.48960/

In 2020 George Donnelly was shut out off the DASH DAO as his work was no longer appreciated by the DASH DAO as his promises didnt catch up with reality.

Also in 2020 a lawyer from Barquisimeto founded the BCH House Barquisimeto sponsored by bitcoin.com and sideshift. He successfully onboarded 100+ merchants until now, he took off onboarding when George Donnelly also started working intensively for the BCH flipstarter that got him funded in late 2020. http://flipstarter.panmoni.com

Panmoni which is the team of George Donnelly has been doing some great work in 2021 by onboarding the old DASH merchants and now he is training and promoting these merchants in Caracas. He definitely learned from the mistakes he made with DASH and we can just hope he wont turn as crazy as before spitting on his employers again.

Me myself I was looking for a place where Barrio Bitcoin that first BCH neighborhood that was established in 2018 in Barcelona, Catalunya, Europe could be revived.

Finally in 2021 I found that perfect town where TRBC would start BCH Beach to make the first bitcoinized town on this planet become a reality: http://cuyagua.net is a surfers beach town so we called it Bitcoin Beach P2P because here we focus on real on chain bitcoin adoption. All coins are accepted by the merchants as TRBC introduced them to sideshift so they can swap to whatever they want anyway.

Today I read the news that the biggest bank of Venezuela with 16 Million customers (80% of adults have an account with them) has been hacked and has been suspending their services for five days, leaving the population in misery because they dont even have paper bills available.

This day, will go down in history, this event will be the strongest argument to convince everyone in Venezuela that bitcoin is the future. Banking hacks happen every day all around the world and usually the banks avoid to release the news. But in Venezuela as the banks like to spit on each other here, they promoted the incident on all news papers.

My conclusion:

  1. BCH House Barquisimeto

  2. Panmoni led by George Donnelly

  3. TRBC - The Real Bitcoin Club

We will make it happen!

The president Nicolas Maduro has also been promoting bitcoin and ethereum mining on national tv and radio shows frequently. They integrated BTC, DASH, LTC already in 2019 into the PETRO app. They also protect miners from abuse by corrupt special forces, the venezulan government strongly supports Bitcoin in its natural form without obliging anyone like the president of El Salvador recently did, which created a nasty public relations conflict.

Enjoy the ride and come here to see Venezuela with your own eyes. The propaganda on the news is far from reality. Venezuela is the most free nation I ever lived in and I lived in many nations. Here its like the wild west of crypto and we have endless opportunities here. I invite you to check out Bitcoin Beach and if you have any questions please share them on Telegram with me @felizbitcoin where I can also invite you to our channel http://t.me/bchbeach

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Avatar for realbitcoinclub
Written by   105
4 weeks ago
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Comments

It's a great decision that Venezuela will adapt cryptocurrency because it's the best way to use specially BCH in P2P transactions. Citizens of Venezuela willnolonger worry about their money on the banks because they already hold their own money in digital wallet. It would help to increase the economy of Venezuela and also can prevent loosing money on banks. it's better for Venezuelan government to have strong security force against hackers cause it might show once the cryptocurrencies will fully legalized and widely used by citizen.

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3 weeks ago

One oustonishing part about this is that you paved the way and led them through the path towards becoming the first bitcoinized nation which is a great job you did there. Thanks so much for the improvement towards growth. Continue to influence the world in a positive way because bitcoin is going to have way more value than normal currency in the years to come and also helps to uplift the economy of the world reducing the percentage of the poverty rate in the world. Thank you for the development.

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3 weeks ago

I think El Salvador would probably have hijacked that as the first bitcoinized nation, but for Venezuela, if it is, it will probably be really decentralised, powered by the people instead of the government.

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4 weeks ago

You have really done the great thing here, which I learnt and achieve from it, thanks so much

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3 weeks ago

Looks like south American countries is leading in term of crypto adoption

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4 weeks ago

This is pretty cool. I haven't visited Cuyagua in a long time. But it seems interesting a project to make the village become a Crypto beach. May I ask where are you from?

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3 weeks ago

Lets meet at the bitcoin beach of cuyagua, its really worth any kind of distance within Venezuela. Lets have a relaxed chat with some drinks paid with BCH from read.cash 😁

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3 weeks ago

It sounds like a cool plan. I'll do my best to try to visit soon the bitcoin beach.

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3 weeks ago

Really great and helpful too. We just have to gain information about Cryptocurrency. Then we can be dare to do Trade on it.

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3 weeks ago

hehe, Crypto is the future, or should I say Bitcoin is the future!! I hope the rest of the world follows Venezuela's footsteps and incorporates crypto into their commercial activities!!

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4 weeks ago