After 4 months of 80+ hour work weeks, 500k+ lines of clean code written across 4 engineers, shifting the company fully remote due to COVID, and completing a rigorous regulatory analysis...
I'm proud to say that Valiu's cryptodollar is now live and running in Alpha. https://t.co/yf6F1jO0Ju
— Simon Chamorro (@simonvaliu) April 23, 2020
Woot! @simonvaliu just sent me some bitcoin-backed dollars 💸
USD backed synthetically in derivatives. Welcome to the future of eurodollar banking! pic.twitter.com/VE0ENiIGR8
— Sid Ramesh (@sidrmsh) April 22, 2020
How Bitcoin solves this
Yeah Venezuela is getting dollarized, but 99% of remittances still arrive in bolivars.
Dollars cash hardly make it across borders, especially in the middle of #COVIDー19 lockdowns.
— mach 9 (@alegw) April 15, 2020
How Valiu’s crypto dollars work
— Valiu (@valiuco) April 9, 2020