Cryptocurrency: Countries Stashing Decentralized Coins as Reserves and for Payments

[grarpamp at gmail.com (grarpamp)]

https://www.bloomberg.com/news/articles/2019-09-26/venezuela-has-bitcoin-stash-and-doesn-t-know-what-to-do-with-it
https://decrypt.co/9697/venezuela-central-bank-holding-bitcoin-just-crazy-enough-work
http://criptojuris.blogspot.com/

Instead of returning empty, tankers worldwide will be carrying crypto...

Venezuela's central bank is running internal tests to determine
whether it can hold cryptocurrencies in its coffers. The efforts come
at the behest of state-run Petroleos de Venezuela SA, which is seeking
to send Bitcoin and Ethereum to the central bank and have the monetary
authority pay the oil company's suppliers with the tokens, according
to the people, who asked not to be identified discussing internal
deliberations. Staffers are also studying proposals that would allow
cryptocurrencies to be counted toward international reserves, now near
a three-decade low at $7.9 billion. U.S. sanctions against Nicolas
Maduro's authoritarian regime have largely isolated Venezuela from the
global financial system, exacerbating one of world's most severe
economic crises and forcing officials to use a patchwork of methods to
move money around. While Maduro's prior efforts to start the world's
first sovereign crypto largely failed, the continued efforts to use
digital currencies shows how desperate the government is to come up
with a way to skirt the restrictions.


https://www.theblockcrypto.com/tiny/portugals-tax-authority-says-crypto-trading-and-payments-are-tax-free/
https://www.reddit.com/r/Bitcoin/comments/cx1tgw/portugals_tax_authority_says_crypto_trading_and/

https://www.ccn.com/21-of-bitcoin-hasnt-moved-for-five-years-stroking-monumental-supply-shock/

https://www.reddit.com/r/Bitcoin/comments/d9tir5/why_bitcoin_is_going_to_infinity/
https://www.reddit.com/r/Bitcoin/comments/cz65ds/why_bitcoin/
https://www.reddit.com/r/Bitcoin/comments/d3iay0/governments/
https://i.redd.it/06l1lyft44l31.jpg
https://i.redd.it/7c9oswkmncl31.jpg
https://i.redd.it/q5zb3te8nzm31.png

https://i.redd.it/dgvkyy0j4xo31.jpg
https://www.reddit.com/r/Bitcoin/comments/d9i096/zoom_out_you_fools/