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RE: Open Letter to the City of Berkeley, California: Why a Steem Smart Media Token (SMT) is a Wiser Choice Than a Cryptocurrency Bond or ICO

in #smt6 years ago (edited)

Hello, I really hope the mayor can read your letter because it is really interesting and simple.
I have a question and a clarification.
How can you include the elderly and people without any knowledge in cryptocurrency?
I think the biggest challenge is that, the inclusion of people who are not friends of technology or do not know how to use them, there should be a training program and good user support.
The explanation is that the Venezuelan Government used the whole petro theme as a great money laundering machine since only a dome of people has access. to buy a petro you must have dollars because in Bolivares it is impossible to obtain them and much less to mine them, besides that no commerce in the country accepts that currency. The only purpose I see for the currency is to save your dollars with oil reserves of the state in a perfect way.
Greetings from Venezuela.

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Anyone can abuse a monetary system if they have control of it. But I hope that some governments will care more about involving their citizens and do their best to address the issues they raise. A good part of the economy is moving past people who are not locked into technology, so the answer is to help most of them get online and involved, but also be sure to provide allowances for the fact that some will need other, more traditional means of communication and participation.