Cryptocurrency News

Free Meetings at Venezuela to be Organized by Cryptocurrency Dash

A dozen of free meetings have been planned by Dash starting from the month of September till the year end. The conferences would take place in Venezuela with the aim of acknowledging the people there in regard with Crypto and other virtual currencies. The group would definitely be the focus of information imparted to the people particularly.

As an effect of hyperinflation Venezuelan currency, Bolivar is losing its worth in comparison to virtual currencies. People are now more influenced towards Bitcoin and Ethereum as an impactful storage of value.

Upcoming planning of Dash

The Bitcoin conferences that have taken place round the globe in recent times have been regularly attended by a team of people. They would now be representing Dash in these conferences. And then these set of meetings were finally-formally announced by The Group. The meetings would be dedicated for only the virtual currencies in general and Dash in specific.  There would be a few important announcements which would be made by the team during the Dash Conference-2017. This meeting would take place in London in the month of September this year.

The ultimate target of every free meeting to be held in these 4 months would be to educate Venezuelans regarding the idea of Dash. Also the Dash team would acquaint the people with its utilization. There is another hope in the Dash group that people would adore the propelled features of this currency, for example the spontaneous transactions and exchanges. These features would charm the people as compared with the slow networking of Bitcoin Technology.

Till this point there are approximately two hundred people who have shown up to sigh for the very first conference. This meeting would be organized on 19th September in Caracas. This would be a sort of battle for the entire Dash group as Venezuelans aren’t much aware of other digi-currencies than Ethereum & Bitcoin.

Condition of Cryptocurrencies in Venezuela

The country’s government has not yet implemented any regulatory authorities for the same. And there are no such laws which may act as a barrier in usage of these currencies. People are enjoying using the cryptocurrencies easily as there are no grave laws of anti-money laundering. Also from the government’s end, it is not willing to put any such regulations on purchase and sale of cryptocurrencies and other digital form of money. However certain amount of rolling back of mining in regards to virtual money has been observed.