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Strudel DAO: Orkan Economic Policy Proposal

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58 BTC were traded last week in Venezuela only measured with LocalBitcoin, while Venezuelan Central Bank will cut off six zeroes from the currency (Bolivar, ISO VES) in the next weeks. Monthly minimum wage is around 3 USD.

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A crypto tale from the future: Bitcoin united

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BTC v BCH v BSV

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r/CryptoCurrencySee Comment

Take a look at what Wikipedia has to say about it > The rate reached 800% in 2016,[9] over 4,000% in 2017,[10][11][12][13] and about 1,700,000% in 2018,[14] and reaching 2,000,000%, with Venezuela spiraling into hyperinflation.[15] While the Venezuelan government "had essentially stopped" producing official inflation estimates as of early 2018, inflation economist Steve Hanke estimated the rate at that time to be 5,220%.[16] The Central Bank of Venezuela (BCV) officially estimates that the inflation rate increased to 53,798,500% between 2016 and April 2019.[17] In April 2019, the International Monetary Fund estimated that inflation would reach 10,000,000% by the end of 2019.

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r/BitcoinSee Comment

A middle east oil producer could sell oil for BTC and BSV. But the BCV will rise much faster. So the effect if much more profitable buying BSV prior to announcement

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r/CryptoCurrencySee Comment

Bain Capital Ventures -- one of the world’s biggest startup-investment firms -- is launching a $560 million fund focused exclusively on crypto-related efforts. The fund closed in November, and the firm has already invested $100 million into a dozen efforts, which it doesn’t yet disclose, said Stefan Cohen, a managing partner at Bain Capital Crypto, which is running the fund. Bain Capital Ventures has been investing in crypto for the last seven years, pouring money into crypto lender BlockFi Inc., decentralized-finance lender Compound and Digital Currency Group, which runs a slew of crypto-related businesses. But its new BCV Fund I is the first fund focused just on this market. “We’ve become quite high conviction we are at the beginning of a multi-decade technology shift,” Cohen said in an interview. “We really needed a dedicated team and a dedicated fund structure. That’s really what lead to the addition of Bain Capital Crypto.” The fund is launching at a difficult time for crypto, with Bitcoin down about 40% from its all-time high in early November amid worries over the Federal Reserve’s policies to combat rising inflation and geo-political tensions. “We are fundamentally a long-term oriented, 10-year fund. We are taking a very long view,” Alex Evans, a managing partner at Bain Capital Crypto, said in an interview. “We are unfazed and in some ways uninterested in short-term market gyrations. We embrace the uncertainty of this market, we are long-term believers. When the certainty is there, it might be too late for this market.” Bain is looking to use the fund to invest into everything from crypto startups to decentralized autonomous organizations (DAOs) in areas such as Layer 1 blockchains -- ones that compete with the likes of Ethereum -- and storage. It expects to deploy the fund in the next two to three years, and invest in perhaps 30 companies, Cohen said. And it’s planning to be a much more active investor than is typical -- as many crypto startups demand. “They are looking for firms who are able to actively participate in governance, firms that can provide liquidity into the protocols,” Cohen said. The fund’s team of seven includes scientists and engineers. The fund may invest in company equity, promises of future tokens or the actual coins, which it might acquire from DAOs’ treasuries or on secondary markets, Cohen said. Once this fund’s capital is deployed, Bain may consider launching more crypto-focused funds, Cohan said. “Our view is that this is a 10-20-year opportunity, and we are building a platform here that we think can facilitate multiple funds over a period of time,” Cohen said.

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r/CryptoCurrencySee Comment

Probably wikipedia has a list of them. But if i recall correctly, there's BTC, BCV, BTCSV are the main ones.

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r/CryptoCurrencySee Comment

Anyone know what's going on with BCV right now? Never heard of it, only traded in huobi and it's absolutely blowing up. Scam?

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r/CryptoCurrencySee Comment

Bitcoin is bitcoin is bitcoin. The alpha and the omega. It will only ever have 21 million in circulation. The bastard forks, BCH, BCV, bitcoin diamond, silver, gold whatever the fuck they call it are all as you say forks and just imitations of the original and in no way add to the original 21M. Yes it is confusing for newbies into this space and the critics who wrongly think there's an endless supply because of the word bitcoin in front of the imitations. Good to ask the confusing questions, carry on and ask more.

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tldr; Bain Capital Ventures Managing Director Matt Harris said that by 2040, we will largely be done with the bad trade that is fiat currency. He added that government acceptance of DeFi will be key to its success. Bain Capital Ventures has created a digital currency investment fund named BCV Crypto Vehicle I. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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r/BitcoinSee Comment

[Recently](https://en.wikipedia.org/wiki/Gold_repatriation), Venezuela couldn't get their gold (which was stored in the UK) because the US didn't let them: > In early November 2018, the Bank of England in London refused the withdrawal of 14 tons of gold owned by the BCV at the request of top U.S. officials, including Secretary of State Michael Pompeo and National Security Adviser John Bolton, who lobbied their U.K. counterparts to help cut off the people from their overseas assets. Not your keys, not your coins. Not your country, not your gold.

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r/CryptoCurrencySee Comment

Be sure to only use legitimate wallets. For all of the forks I used a wallet that was a fork of electrum. the BTC-BCH fork, I used electron cash. Then the BCH-BCV split I used an electrum client for BSV (https://electrumsv.io/) and then you have the BCH/XEC split and I used the electrum client for XEC (which was called bitcoincashABC) So you should have the following forks: BTG, BCH, BSV, XEC there were a few other forks, But I didnt pursue them because I though they were scammy or to hard to sell if I did get them. Like there was bitcoin diamond and bitcoin Private. Just make sure when you import the seed, that you have moved all the Bitcoin (BTC) off of that seed.

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Bain Capital Ventures filed w/ SEC: new 'BCV Crypto Fund': For Qualified Purchasers - Individuals or Families with $5M+ investments & limited to 499 investors

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tldr; Bain Capital Ventures (BCV), the venture arm of Bain Capital, has disclosed the creation of a new crypto-focused fund, public filings show. The fund, dubbed BCV Crypto Fund I, L.P., has made no sales of the September 8 filing, which names Bain Capital Ventures partners Ajay Agarwal and Enrique Salem. In May, BCV announced the raising of $1.3 billion in fresh funds to invest in startups. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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r/BitcoinSee Comment

The Central Bank of Venezuela (BCV) officially estimates that the inflation rate increased to 53,798,500% between 2016 and April 2019. Source Wikipedia. Does everyone use bitcoin down there? Are prices at the local stores in listed in usd? Have prices stabilized? Are people leaving Venezuela for Columbia or elsewhere? Have 1 in 10 people left? Ia the government printing money and buying bitcoin with it? Hope you are doing ok.

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