Dash «payment» ambitions

    The name DASH obviously indicates speed, but it also stands for “dark cash”. The idea for Dash is to make crypto an analog of cash money, both in terms of simplicity in use and anonymity. The plan, it must be said, is really quite ambitious, considering how other truly anonymous cryptocurrencies (e.g., Monero) mostly focus…

    Venezuela: second attempt at CBDC

    This time, the citizens will be offered a “digital bolivar”. However, in Venezuela, this central bank digital currency will have to withstand fierce competition from the Dash cryptocurrency project. Try not to laugh, but there is once again a monetary reform upcoming in Venezuela with yet another denomination. It has already been announced, and it…

    Venezuela: second attempt at CBDC

    This time, the citizens will be offered a “digital bolivar”. However, in Venezuela, this central bank digital currency will have to withstand fierce competition from the Dash cryptocurrency project. Try not to laugh, but there is once again a monetary reform upcoming in Venezuela with yet another denomination. It has already been announced, and it…

    Сryptocurrencies fill the gaps in developing economies

    In Venezuela’s economy, disrupted by hyperinflation and United States sanctions, cryptocurrency is a way to provide services and a tool to send remittances, protect wages from inflation and help businesses manage cash flow, Al Jazeera reported. Cryptocurrency in Latin America has attracted attention again in June after El Salvador adopted Bitcoin as legal tender. Its…