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    Home » The United States recognized the new Bitcoin advocate for the new interim president of Venezuela

    The United States recognized the new Bitcoin advocate for the new interim president of Venezuela

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    By BlockchainJournal on January 25, 2019 News
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    American President Donald Trump decided to officially recognize Juan Guaydo as interim president of Venezuela. Now Nicolas Maduro broke all relations with the United States and ordered their diplomats to leave Venezuela within 72 hours.

    Juan Guaydo is the leader of the opposition Venezuelan Parliament (National Assembly). It is also known that he has been a supporter of bitcoin since about 2014, when this question has not even occupied the minds of many media.

    Juan Guaydo

    Guaydo, 35, headed the National Assembly for only three weeks, and his popularity increased due to the fact that he was not afraid to call Maduro a "usurper." He grew up in the city of La Guaira on the Caribbean coast, and previously worked as a process engineer.

    In fact, Guaydo created his own political party, Narodnaya Volya (Voluntad Popular), together with the well-known opposition leader Leopoldo Lopez. Lopez is considered a mentor to Guaydo and is currently under house arrest.

    Back in 2014, Guaydo tweeted the first bitcoin exchange office in Venezuela. It was long before the mainstream media began to loudly cover bitcoins and blockchains , and when institutional players did not take cryptocurrency markets seriously.

    @willgeneva Vía @ Dossier33 : Lanzan primera casa de cambio de Bitcoin en Venezuela http://t.co/O9uplEsEEw pic.twitter.com/R0BX8s5XQl

    – Juan Guaidó (@jguaido) August 20, 2014

    One of the main problems in the Venezuelan economy is hyperinflation, which made the local fiat currency (sovereign bolivar) extremely volatile.

    Now many in Venezuela are turning to cryptocurrencies and believe that they can be a potential solution to the problem of hyperinflation, BTC and Dash are most popular there.

    Share this material on social networks and leave your opinion in the comments below.


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