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Can Cryptocurrencies And Blockchain Empower Venezuela?

From valuewalk.com

Cryptocurrencies found itself the most compelling use over the last year in trouble-laden Venezuela. As hyperinflation and the struggling Bolivar left its population starving, Venezuelans saw cryptocurrencies as a gleaming opportunity to bypass the heavy economic censorship faced. Restricted from sending or receiving money overseas, the onslaught of bitcoin and other cryptocurrencies made it possible for Venezuelans to communicate and transact outside its borders with greater ease. With an exploding increase in peer-to-peer crypto trades, Venezuela even saw the arrival of its first cryptocurrencies and blockchain ATM ... (full story)

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  • Category: Fundamental Analysis