Members of the cryptocurrency community from Venezuela shared interesting details of the life of the country in terms of the blackout. It turned out that even in the absence of electricity, from which the whole country was disconnected from 8 to 14 March, the people of Venezuela continued to send bitcoins with SMS.
Since the electricity was completely absent, it was not possible to transfer funds through ATMs or Bank branches, nothing worked. People could not use their own funds held in Bank accounts. However, cell phones were present and people were able to exploit by sending each other bitcoins via SMS text messages.
As it became known, most of the translations have passed through the service Cointigo by which you can send and receive not only bitcoin, but also a number of other cryptocurrencies. It translated through the app Cointigo Private Bitcoin, Litecoin, Dash, ZenCash and Komodo. To send any of these cryptocurrencies could be almost any number.
There was a sharp drop in the volume of trading on the crypto currency exchange LocalBitcoins during a blackout (40%) when it is obvious people moved to mobile transfers. But now everything is back to normal.
We will remind, earlier this month, two financial companies Visa and MasterCard announced that it was suspending service of the citizens of Venezuela.