Venezuelan Government Launches Anti-Bitcoin Campaign

By March 25, 2016Bitcoin Business

The state-owned public television network of Venezuela has launched an anti-Bitcoin campaign. In a recent article published on their website, ‘Corporación Venezolana de Televisión’ claims that the bitcoin is “the ideal currency of ‘the dark side of the internet’, a kind of tax haven for drug dealers, rapists or any criminal”.

‘Corporación Venezolana de Televisión’ is the Spanish for Venezuelan Television Corporation. It is based in Caracas, Venezuela. ‘Tool to evade taxes, launder money and damage the economy’

In a translation of the article from Spanish to English, provided by Reddit user, /u/Avatar-X, the article opens with the very bold statement: “Is it a coincidence that the criminal groups and terrorists of the world are the main activists and defenders of BitcoinCT r: 8 ?” The opening statement sets the tone for the rest of the piece, and after offering a brief and error-ridden explanation of Bitcoin and the ‘Deep Web’ with a rather humorous description of Bitcoin’s creator – “a group hiding behind the pseudonym ‘Satoshi Nakamoto’ – the article continues its tirade against the cryptocurrency and its community: “…this could be the ideal currency of ‘the dark side of the internet’, a kind of tax haven for drug dealers, rapists or any criminal” “A tool to evade taxes , launder money and damage the economy of the country.” “In Venezuela, there are groups dedicated to promoting the use of Bitcoin, who don’t doubt its qualifications for dealing in actions with a subversive air” “For Venezuelans, it is not a secret the damage that it has caused to the economy and that it is being pushed and promoted via website like Dollar Today, that it has got an illegal and criminal exchange rate that has caused severe damage to the national economy, causing increased levels of inflation which don’t […]

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