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.
I am amazed at the dedication and hard work done by BitcoinCash.Site. I am following these guys for months and they keep delivering.
BitcoinCash.Site is a Bitcoin Cash community focused on merchant adoption, promotion and onboarding mechanisms of Bitcoin Cash.
It 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 These People:
Image Source
New Money is All People:
*Image is created using various pictures from BitcoinCash.Site
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.
Image Source: BitcoinCash.site
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.
I repost this one from my read.cash account. (source) Thanks to PUBLISH0X for allowing reposts of our content. Anyone that wants to verify can contact me on the following links. My content is mostly about Bitcoin Cash, and I may seem biased to some, however most of what I write comes from years of experience and research. Feel free to reply, but please be civil.
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