Venezuela Tries To Pay Russian Debt With Cryptocurrency

Error Correction Funder · Mar 28, 2018

https://oilprice.com/Latest-Energy-...-To-Pay-Russian-Debt-With-Cryptocurrency.html

mlawson71 · Mar 29, 2018

Will the Russians accept that?

makmilan1 · Mar 30, 2018

Hah, I doubt that they will, but who knows what will happen. The world is going crazy and I think that everything is possible.

mlawson71 · Mar 30, 2018

makmilan1 said:
Hah, I doubt that they will, but who knows what will happen. The world is going crazy and I think that everything is possible.

I agree. Nothing really surprises me anymore.

schweiz · Mar 30, 2018

mlawson71 said:
Will the Russians accept that?

This is what the article says:
If crisis-hit Venezuela was hoping to pay off its US$3.15-billion debt to Russia with its new cryptocurrency, those hopes have been shattered as the Russian Finance Ministry announces that it won’t be accepting digital coin.

But things can still change. Putin is a master in manipulating social media, so if he can manipulate crypto's he might still be interested.

mlawson71 · Mar 31, 2018

So they won't then, at least not for now. Well, I can't say I am surprised.

schweiz · Mar 31, 2018

mlawson71 said:
So they won't then, at least not for now. Well, I can't say I am surprised.

Might be a sign of intelligence...

mlawson71 · Apr 1, 2018

schweiz said:
Might be a sign of intelligence...

Or basic common sense, at least.

schweiz · Apr 1, 2018

mlawson71 said:
Or basic common sense, at least.

That's the first sign of intelligence. Everything below common sense is stupidity.

mlawson71 · Apr 3, 2018

schweiz said:
That's the first sign of intelligence. Everything below common sense is stupidity.

I completely agree. That's why I added the "at least" part.