Pretty bad times for planning this. No investor will put only a penny into a company in venezuela atm.
The country is falling into pieces and the people fight against a dictator.
Also Caracas is the city with the most murdered people since a long time if im right.
Sorry, but this isnt a investment case.
The country is falling into pieces and the people fight against a dictator.
Also Caracas is the city with the most murdered people since a long time if im right.
Sorry, but this isnt a investment case.
Wrong perspective of what i have on mind.
Yes you are right about everything you are saying, but, as a local here in Venezuela, i can make it work fast and easy.
The problem is that i don't have the enough money to invest on the mining machines.
Just saying that the plus that i have here is free electricity, because that's the main lost of profits in this business.
Not planing to sign up a company or something like that. I have the place fully equipped, the internet and the electricity always running. I just need the inversion.
On the other side. Yes, is a dangerous city, but there's no need to travel here. That's the point of having a partner here running and checking everything.
And the dictator thing, yes, is not a good thing, but as long you don't have to come here, you don't need to worry about that.
The only real bad thing is the trust you can have doing business with someone you don't know. But that's why i'm here.
Anyways, thanks for your reply, i appreciate
But honestly - i would never invest in a company that i can't visit if i wanted.
This is no offensive but you CAN'T guarantie that there will be not comming a robbery or even the regime itself and take all stuff. I can't give trust in any laws or goverments there.
It's now like building up a bank in somalia.