Bitcoin recovered a bit of momentum after Richard Salinas, the third richest man in Mexico, spoke out in support of it, telling every investor to put something in their portfolio and find out how to bring cryptocurrency to their bank, Banco Azteca. Customer
"We're looking for this opportunity."
Mexico, one of the fastest growing economies in the world, has seen an increase in the use of bitcoin and crypto over the past few years.
CoinDesk reported last month that one of the largest banks in Mexico is testing blockchain-enabled digital Fiat currency using Ripple technology. Blockchain is still being tested, but will allow for quick, efficient payments for clients, can be used in Benamex, the bank's tech partner, and Mexico City.
The country is at the center of the crypto boom, according to a central bank report, while the Financial Stability Report of the Mexican Institute of Social Security (IMSS) also notes an increase in bitcoin adoption in Mexico.
According to a Reuters report, IMSS said in a March report to Congress that the number of users accessing social media platforms through the Bitcoin network increased in the first quarter of 2017.
The IMSS report states that the number of users who invested in 642,000 bitcoins in the last quarter of 2016 increased to 1,735,000 in the first quarter of 2017, with social media platforms, where accounts were linked to crypto wallets.
In addition, IMSS says bitcoin payments are growing at Mexico's largest shopping centers, and the number of retail customers buying crypto has doubled in the past year.
But the most important fact about Bitcoin and cryptocurrency is that it is an asset, not a national currency.
"(Bitcoin) is still a treasure trove of value, indicating that it is not a currency," said Ricardo Salinas Pligo, CEO of the Mexican Exchange, Aztec MX, and a board member of Cryptonotias, a Mexican think tank of entrepreneurs. And politicians, according to a CoinDesk report.
The government is still trying to figure out how Bitcoin works, how it is used, and what it will do about it.
"We're looking for this opportunity."
Mexico, one of the fastest growing economies in the world, has seen an increase in the use of bitcoin and crypto over the past few years.
CoinDesk reported last month that one of the largest banks in Mexico is testing blockchain-enabled digital Fiat currency using Ripple technology. Blockchain is still being tested, but will allow for quick, efficient payments for clients, can be used in Benamex, the bank's tech partner, and Mexico City.
The country is at the center of the crypto boom, according to a central bank report, while the Financial Stability Report of the Mexican Institute of Social Security (IMSS) also notes an increase in bitcoin adoption in Mexico.
According to a Reuters report, IMSS said in a March report to Congress that the number of users accessing social media platforms through the Bitcoin network increased in the first quarter of 2017.
The IMSS report states that the number of users who invested in 642,000 bitcoins in the last quarter of 2016 increased to 1,735,000 in the first quarter of 2017, with social media platforms, where accounts were linked to crypto wallets.
In addition, IMSS says bitcoin payments are growing at Mexico's largest shopping centers, and the number of retail customers buying crypto has doubled in the past year.
But the most important fact about Bitcoin and cryptocurrency is that it is an asset, not a national currency.
"(Bitcoin) is still a treasure trove of value, indicating that it is not a currency," said Ricardo Salinas Pligo, CEO of the Mexican Exchange, Aztec MX, and a board member of Cryptonotias, a Mexican think tank of entrepreneurs. And politicians, according to a CoinDesk report.
The government is still trying to figure out how Bitcoin works, how it is used, and what it will do about it.
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# vertical
farming advantages and disadvantages #
# hydroponic
farming advantages and disadvantages #
# vertical
farming advantages #
# advantages
of vertical farming #
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of vertical farming #
# vertical
farming disadvantages #
# disadvantages
of vertical farming #
# vertical
farming pros and cons #
# vertical
farming advantages and disadvantages #
# hydroponic
farming advantages and disadvantages #
# vertical
farming advantages #
# advantages
of vertical farming #
# cons
of vertical farming #
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