It seems that the Venezuelan government has set its sights on Bitcoin mining. Just as other countries such as China or Kazakhstan did, they have decided to ban it due to excessive electricity consumption that causes cuts in the country's electrical network.
This is an old controversy that has always surrounded Bitcoin and specifically its mining. Either because of the high energy cost that it entails or because of the environmental implications that it can produce. I will not give my opinion on this fact except to say that there were already power outages in all these countries before the invention of Bitcoin and that the environmental problems are much more serious than just electricity consumption.
Free to use under the Pixabay Content License
But the interesting thing about this situation is whether this new repressive measure by the Venezuelan government can favor or harm Hive in the country. We know that there is a good Venezuelan community that is doing a lot for the adoption of Hive, especially in the Sucre region.
I think it is not good news for Hive because usually repression leads to more repression. But it would be interesting to know a little about the reflection of the Venezuelans from Hive. If they see this as a problem or as an internal power struggle that will not affect the general cryptocurrency market.
If you like draws and you like to receive dividends, the token that has everything "SORT" has arrived.
Perpetual lottery ticket that distributes dividends 1 Ticket for every 10 Sort Tokens Gives the right to participate in multiple raffles without the need to sign up.
You can purchase your Sort tokens here:
https://hive-engine.com/trade/SORT
Disclaimer:
The information provided through this channel does not constitute financial advice and should not be construed as such. This content is for purely informational and educational purposes. Financial decisions should be based on a careful evaluation of your own circumstances and consultation with qualified financial professionals. The accuracy, completeness or timeliness of the information provided is not guaranteed, and any reliance on it is at your own risk. Additionally, financial markets are inherently volatile and can change rapidly. It is recommended that you conduct thorough research and seek professional advice before making significant financial decisions. We are not responsible for any loss, damage or consequences that may arise directly or indirectly from the use of this information.
!hiqvote
!ALIVE
!BBH 👍
@yeckingo1! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @hivecurious. (11/20)
@yeckingo1! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ hivecurious. (8/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
@lasort, the HiQ Smart Bot has recognized your request (1/1) and will start the voting trail.
In addition, @yeckingo1 gets !WEED from @hiq.redaktion.
For further questions, check out https://hiq-hive.com or join our Discord. And don't forget to vote HiQs fucking Witness! 😻