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Venezuelan Gubernatorial Candidate Promises Scholarships for Crypto Training

Scholarships to Boost Crypto Knowledge

José Alejandro Terán, a contender for the governor’s office in Venezuela, has unveiled an audacious promise: scholarships for citizens eager to delve into the world of crypto at the new Technical Training Center for Mining and Administration of Digital Crypto Assets. This initiative is a key component of the La Guaira Digital program, aiming to rejuvenate economic stability through enhanced skills in digital currency.

Collaboration with Key Players

What’s more impressive than just offering scholarships? The backing of heavy hitters! The program gains momentum thanks to partnerships with four entities: the National Superintendence of Cryptoassets (SUNACRIP), Axie Infinity Academy, the political group Independientes con Terán, and the youth wing of the United Socialist Party of Venezuela (JPsuv). Together, they’re pulling out all stops to ensure the success of this training endeavor.

Learning Opportunities Abound

The curriculum promises to be transformative, focusing on non-fungible tokens (NFTs), crypto mining, and trading essentials. Participants will also receive hands-on training in installing and repairing mining equipment—because what’s more exhilarating than digging into blockchain with a toolkit in hand?

Job Creation: A Bold Vision

Terán doesn’t stop there; he claims that this initiative could create “a thousand jobs” within the year. In his words, “I feel that by helping young people build multiple sources, we ensure economic stability for their families. One thousand jobs in a year, write it down!” Let’s just hope he’s not also offering a free lottery ticket alongside those job promises!

Crypto Adoption in Venezuela: A Growing Trend

Interestingly, Venezuela isn’t just dabbling in digital currencies; according to Chainalysis, it ranks as the seventh nation in the Global Crypto Adoption Index. This movement reflects a broader trend in Latin America where crypto use is ballooning, as highlighted by industry leaders like JP Thieriot from Uphold. He believes that El Salvador’s aggressive Bitcoin adoption has sparked a domino effect, invigorating interest in nearby countries like Venezuela and Colombia, making crypto the go-to solution for economic woes.

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