Risk assets were a unique offering in a region that has long suffered from a volatile economy and closed capital markets. Crypto entrepreneurs and enthusiasts, accustomed to volatility and isolation, are more optimistic about the situation.
https://redot.com/ is your opportunity to try world of cryptocurrency.
At the end of 2021, all of Latin America was experiencing a boom in bitcoin and cryptocurrency projects.
• In May 2021, Mexico announced the arrival of the region's first crypto unicorn, the Bitso exchange.
• El Salvador became the first country to accept Bitcoin as legal tender (with limited success) in September 2021.
• Venezuela, Argentina, Colombia, and Brazil ranked among the top 15 crypto adoption countries in Chainalysis' 2021 global index.
As Venezuelan economist Aaron Olmos of the Institute for Higher Administrative Studies (IESA) told the world, people in Latin America have begun to turn to cryptocurrencies as a way to get around their unstable or stagnant economy.
He said that in surveys he conducted with crypto users in Venezuela, the most common response was: “I would rather have a digital asset that goes up and down in price than a currency whose only real trend is going down, thanks to political economy.”
Venezuela and Argentina, which suffer from high inflation have become particularly reliable testing grounds as financial ecosystems where crypto can be more attractive than government currencies.
A private investor and crypto user from Venezuela, speaking on condition of anonymity, called the cryptocurrency “the best option available at the moment” given the volatility of the bolivar and local US dollar shortages. The annual inflation rate in Venezuela reached 686.4% in 2021.
This does not mean that Latin American investors were left unscathed. The recent collapse of the high-profile Terra project and the volatility of Celsius led to a decrease in the price of cryptocurrencies, affecting traders, companies and governments alike.
Conte, a Mexican crypto entrepreneur, was more direct. “What is happening in Latin America is survival of the fittest. Those who understand the value of long-term thinking and stability,” he notes.
Just wondered what you think to this?
Any feedback would be much appreciated. I'm trying to publish this in multiple forums, but get a 'too short post error'.
The blog starts thusly:
Basically, the Evolutionary Health Plan (EHP) consists of a number of ‘suggestions’ that are presented in a bullet point list:
Each suggestion supports an action or method, intended to create an environment more expected by our cells’ three and a half thousand million years’ evolutionary experience. So without further ado, here they are:
Vaping is a controversial topic. While some people believe that vaping is safer compared to smoking taking it as an alternative to it, the others are strongly against vaping leveling vaping to the smoking (both are nicotine consumption). The two camps have their reasonable arguments. However, one of the most important questions is whether vaping causes lung cancer.
Despite vaporizers are not an official smoking cessation aid, the process of vaping can satisfy one’s nicotine hunger without producing tobacco smoke. In this terms, various cancerogenic matters are not produced while vaping. At the same time, there may be many toxic chemicals in the vapor people breathe in.
A Harward research indicates that "51 types of flavored e-cigarettes and liquids sold by leading brands" [contain dangerous ingredients, such as] diacetyl, acetoin, and 2,3-pentanedione." Also, the long-term effects of vaping are similar to smoking (but not because of nicotine). Such effects as inflammation of the lung cells and popcorn lung are common for both smoking and vaping.
Overall, there is no clear answer yet whether vaping causes cancer or not. Still, vaping is a risky behavior which requires more research to conduct to get the answers.
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