Bitcoin
$3,985.36 1.09%
BTC · 18w

Venezuelans Play RuneScape To Make Small Profit In Bitcoin

Venezuelans, who are quite desperate due to its deteriorating economy, are not sparing anything that will come in the way of making a profit in cryptocurrencies though it might be small. This was evident when they have started to exploit any introductory sign-up deals that are offered by Amazon’s new streaming platform.

Offering Discount

The American online shopping firm is offering discounted sign-ups to online fantasy game through Twitch, a new platform. The key factor is that more than 300,000 or a third of the new accounts came from none other than Venezuela in the just-concluded quarter, express.co.uk reported. There was a flood of fresh accounts to make the most of the promotion offer with the help of either fraudulent or stolen credit cards.

An unnamed source told media that “they are either using legitimate accounts of other players have that they have then had the passwords hacked and broken into – or they are using questionable credit cards.” On its part, Amazon has not done any screening measures or engaged in proper checks to curb the mischievous use of cards. The American firm is yet to react to reports of allegations about not providing enough checks on new users.

Venezuelans visit internet cafes to play online fantasy games to make money (Image: GETTY)

Unusual Method

The methodology adopted by the Venezuelans indicated that they are desperate to overcome the deteriorating economic conditions in the country. The national hyperinflation has already reached unprecedented levels thus forcing the citizens to turn towards an unusual method to meet their ends. For this purpose, they are using video games though they are not worried about whether the profit is small or big.

The concept is called ‘gold farming’ where the citizens are engaged in the online gold farming fantasy game like RuneScape. In turn, Venezuelans would sell the digital coins to other game players in exchange of real money or bitcoin or...

Continue on cryptovibes.com
Recent news
BTC +1.09% · twitter.com · 11h

The Bitcoin + Lightning ⚡ node workshop at the Tel Aviv Bitcoin Embassy is complete! The first round graduated 12 new full node owners with a setup that includes Tor, Bitcoin Core, C-lightning, Electrum Personal Server, Spark Lightning Wallet and btc-rpc-explorer.

Part II of the Bitcoin + Lightning ⚡ node workshop is complete!Our first round graduated 12 new full node owners with a setup that includes Tor, Bitcoin Core, C-lightning, Electrum Personal Server, Sp...
BTC +1.09% · bitcoinbreaking.news · 13h

Google Registers Bitcoin.dev as New Domain TLD Goes Public

Bitcoin.dev is no longer available on the Google .dev domain registry. This news comes amid the public rollout of the .dev top-level domain (TLD). $12,500 for Bitcoin.dev If you were eyeing ownership ...