Imagine buying your passport with bitcoin, ether or XRP. It
would be hard, right? You’d have to figure out the exact percentage of the
coins to account for cents and uneven numbers, and even then, there’d be no
guarantees that everything was correct. The fact is that cryptocurrency is not
fully ready to be used for daily purchases, but in Venezuela, citizens are
being forced to utilize the highly-controversial petro cryptocurrency to pay
for their passport fees. In other words, if they’re looking to vacation or
leave the country for any reason, they better get to know their crypto. More… Monday, October 15, 2018
Venezuelans Forced to Use Petro Cryptocurrency to Cover Passport Fees
Imagine buying your passport with bitcoin, ether or XRP. It
would be hard, right? You’d have to figure out the exact percentage of the
coins to account for cents and uneven numbers, and even then, there’d be no
guarantees that everything was correct. The fact is that cryptocurrency is not
fully ready to be used for daily purchases, but in Venezuela, citizens are
being forced to utilize the highly-controversial petro cryptocurrency to pay
for their passport fees. In other words, if they’re looking to vacation or
leave the country for any reason, they better get to know their crypto. More…
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