Vietnam is a country that bitcoin o viet nam surrounded by maybe even more confusion regarding the Bitcoin situation, than Russia or China. Though relatively small in area, Vietnam has a large population of almost million and a fast growing bitcoin o viet nam.
The potential for Bitcoin remittance market is huge, with more than 4 million living overseas, as well as other opportunities. So I was extremely curious to explore more about the real situation in Vietnam. As we shall see, it is not as bad as it seems, not worse than China and possibly even better. I started by visiting Yolo, the only bar in Hanoi that was accepting Bitcoin but then stopped.
It just ended by me participating in a drinking game and losing to a chubby Vietnamese guy who was an obvious champion. I got a contact of the owner who explained that the reason was that his partner who was running the Bitcoin payments left. They also have good steak! From left to right: Kien runs a large parenting website, Hoai studied in Belgium and has a web design company, Thao established Cao Lo Engineering company and Thanh is his cofounder.
Kien runs a large parenting website that has aboutvisitors per day. He uses Bitcoin for advertising contracts. How he came to like Bitcoin is an interesting story in itself. Some time ago his servers were hacked and the attacker installed a mining operation on them. When Kien found out, he read more about Bitcoin, liked the technology and started using it.
So you could say he was lucky. Apart from the Internet services, I found it interesting that also a number of physical goods and services can be paid with Bitcoin in Vietnam. From salmon baby food to metal casings. Apparently, there is a large Bitcoin transaction volume between companies that is taking place behind the scenes. Bitcoin mining is also strong, Thao estimates that there are about people involved. I am not sure about the electricity prices, but possibly they are as cheap as in China or cheaper, which would explain the mining incentive.
Recent news regarding 3 Vietnamese Bitcoins miners had a positive resolution, and it seems rule of law is being followed in Vietnam despite some arbitrary bitcoin o viet nam action.
As Thao explains, the government issued a press release regarding Bitcoin, but not an official law. On the right bitcoin o viet nam Dominik, a German guy and his girlfriend. Thao and his partner Bitcoin o viet nam already have a network of kiosks that can be used to purchase credits for online games, mobile phones etc. A prototype of a two-way BTM with a sleek design bitcoin o viet nam will be made in Vietnam that Thao is working on.
It will be priced at about 3, USD making it by far the cheapest on the market. Thong is selling salmon baby food for BTC and also ran a large mining farm. It is a snake, but prepared in the most interesting fashion. First, the throat is cut and blood collected in a glass. Then, the still-beating heart is taken out to be eaten fresh and followed by blood mixed with rice spirit. In the meantime, the bitcoin o viet nam of the snake is prepared.
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Vietnam Part 1 — The North Vietnam is a country that is surrounded by maybe even more confusion regarding the Bitcoin situation, than Russia or China. Blood is collected from the snake…. The heart is taken out…. Vidreven Master's degree in information and communication technology. Leave A Reply Cancel Reply. Don't have an account?
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Nope. Seemed clear 4. Do i still don' t know how much each bit miner v25. At no time is there any obligation to continue trading.