Topic: Trump bans Venezuelan cryptocurrency in USA (Read 279 times)
Trump is not afraid of making tough unpopular decisions, fortunately he has not banned bitcoin yet as that will probably start riots over there. Venezuela is struggling despite having huge oil reserves, it should be a wealthy country but has bad financial management. Perhaps the petro will help to make the people wealthier
I think this is venezuelan problem!
Not crypto problem
Not crypto problem
In the US, there has always been democracy and therefore I do not know how it could have happened that people did not take advantage of this. Apparently the president is going against the system.
I really don't see how he thinks he has the authority to control what people in the US spend their money on? Pretty sure people are free to spend their money as they please (except on drugs and other banned substances), banning something digital like this could lead us down a path where the government decides what you can and can't buy, essentially preventing you from spending your own money as you wish.
In the US, generally a great democracy and it's strange to hear that they want something to lock up for the people, so maybe this is a rumor?
Venezuela is in a really bad state right now. People there earn more money farming gold in games and selling it than they do at real jobs. Of course if Venezuela is making a new currency all the current places that have sanctions will put those sanctions on that new currency... but if it's crypto will they really be able to prevent it? I don't think so, so it's interesting that this is the first government issued crypto. Too bad it's a complete shit government 
Just read those articles and I love what Manduro did in his country to block dollars and trump do the same thing as he was avoided by Venezuelan petro oil. Looks like U.S right now has a big problems that they cant tell.
It is very cheap for the cost of life in a country, with a very low cost may be able to live luxuriously if anyone wants to move there with his property.
Why would anyone move to a place where they'd instantly become a big, fat target. Not only that, you'd be a big, fat target in what is now one of the most violent countries in the whole world.
I'll stick with a more modest lifestyle in a place where I'm likely to survive into the following week.
It is very cheap for the cost of life in a country, with a very low cost may be able to live luxuriously if anyone wants to move there with his property.
Trump is a warrior that's for sure, he wants to fight with every possible country I guess. The Trump administration has banned all use by Americans of a Venezuelan cryptocurrency (Petro), saying that its introduction is intended to skirt US sanctions.
I am not so sure this is ok, although Venezuela is well known for the drugs traffick that is ongoing over there.
I can't really believe that minimum wages in Venezuela are $3.... I mean wtf, how much does a bread cost there, 1 cent?
You can read it in the news here --> CryptoPlanet
I am not so sure this is ok, although Venezuela is well known for the drugs traffick that is ongoing over there.
I can't really believe that minimum wages in Venezuela are $3.... I mean wtf, how much does a bread cost there, 1 cent?
You can read it in the news here --> CryptoPlanet
trump bans Venezuelan but it affects the world of bitcoin and other cryptocurrencies and the more severe is when it affects bitcoin prices because bitcoin prices are the cornerstone of all cryptocurrency prices if bitcoin prices collapse then other coins are also affected.
Trump don't known any knownledge about Blockchain!
USA wants to put their nose everywhere and want to control resources of every country especially oil nations and African countries. They want to keep their USD always dominating the financial market so that they can keep printing whatever amount of USD they want to buy whatever they want.
This is just another example of their intention.
This is just another example of their intention.
USD is not dominating the market, there are other currencies that are dominating it. About the oil, you might be right, but that is just pure politics and soldiers killing people legally for hard earned money by US citizens.
USA wants to put their nose everywhere and want to control resources of every country specially oil nation's and African countries. They want to keep their USD always dominating the financial market so that they can keep printing whatever amount of USD they want to buy whatever they want.
This is just another example of their intention.
This is just another example of their intention.
Maybe maduro is bad but the us government killed 3000 people on 9/11 that is worse becasue they used the tv to cover it up , it is a big conspiracy and trump is part of that evil group
Please keep out of this thread, conspiracies and rage. Let's have a peaceful discussion about this topid.
Maybe maduro is bad but the us government killed 3000 people on 9/11 that is worse becasue they used the tv to cover it up , it is a big conspiracy and trump is part of that evil group
what is the reason trump ban and refuses petro? is petro a threat to the USA currency? or is there individual hatred? I think Trump is not fair.
I see trump dislike with petro because petro can change the economy of Venezuela to be better. trump feels jealous to petro.
this is just my judgment on trump.
I see trump dislike with petro because petro can change the economy of Venezuela to be better. trump feels jealous to petro.
this is just my judgment on trump.
He is not jealous, he just takes care of his people, American citizens. In the executive order, Trump said the currency was an “attempt to circumvent US sanctions” imposed for democratic backsliding. So ... I don't think it is individual hatred, just some methods to prevent money laundry over there.
Yes I've seen it on CNN too, the coins potential in of the biggest continent had been stopped, but only on America, still we have more countries to motivate in investing their fund on the Venezuela coin,.and the fun thing is American are still buying it, specially people who are outside the country.
what is the reason trump ban and refuses petro? is petro a threat to the USA currency? or is there individual hatred? I think Trump is not fair.
I see trump dislike with petro because petro can change the economy of Venezuela to be better. trump feels jealous to petro.
this is just my judgment on trump.
I see trump dislike with petro because petro can change the economy of Venezuela to be better. trump feels jealous to petro.
this is just my judgment on trump.
I really can't see how Trump has the authority to blanket ban something like this. He is essentially saying you're not allowed to spend your own money the way you want to spend it. I understand that it could lead to money trafficking in and out of the US, but that's the issue that should be tackled, not people spending their own money freely.
Well, it seems there is no such thing as free will anymore, we think we live in a democracy but in fact, we don't. We can't really do what we want with our money, can we?
Lol funny world we live in nowadays Trump is a warrior that's for sure, he wants to fight with every possible country I guess. The Trump administration has banned all use by Americans of a Venezuelan cryptocurrency (Petro), saying that its introduction is intended to skirt US sanctions.
I am not so sure this is ok, although Venezuela is well known for the drugs traffick that is ongoing over there.
I can't really believe that minimum wages in Venezuela are $3.... I mean wtf, how much does a bread cost there, 1 cent?
You can read it in the news here --> CryptoPlanet
They cannot do anything now since the one that made the decision is trump. I cannot understand how was that crypto being related to the oil company itself. Also, the wages in Venezuela is very low and aren't they experiencing deflation or something? We are lucky that only Venezuela started to mimic bitcoin and not North Korea. Bottom line is the US made a smart move against this and this protects the foundation of the US sanctions. I am not so sure this is ok, although Venezuela is well known for the drugs traffick that is ongoing over there.
I can't really believe that minimum wages in Venezuela are $3.... I mean wtf, how much does a bread cost there, 1 cent?
You can read it in the news here --> CryptoPlanet
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