You are viewing a single comment's thread from:

RE: Venezuela, crises and cryptocurrencies

in #blockchain6 years ago

Excellent article @fucho80

Bitcoin and other censorship resistant money will be imperative going forward. On a national front, I have said it earlier, Venezuela must look at internal sustenance. 70% of food comes from abroad, since the govt and companies do not have the means to pay other countries, they are facing a food shortage.

Finding alternatives to just oil is important, but this current regime is quite selfish and incompetent. This is why bypassing the government and creating a private economy of sorts is important.

Posted using Partiko Android

Sort:  

Dear @reverseacid thanks for your valuable contribution.

On a national front, I said it before, Venezuela must look at the internal sustenance. 70% of the food comes from abroad, since the government and the companies do not have the means to pay other countries, they face a shortage of food.

We totally agree on that, the whole situation of scarcity in Venezuela is a product of the lack of production in our country, now, everyone knows that but the government is disregarding this issue. It seems that the only way out is an urgent change of government, because the town is suffering very serious consequences.

Finding alternatives to oil is only important, but this current regime is quite selfish and incompetent. This is the reason why eluding the government and creating a kind of private economy is important.

This is precisely why cryptocurrencies have become an economic alternative for many Venezuelans, my biggest concern is for those who still do not have access to this type of economy and suffer from hunger and diseases. On the other hand the government is not open to give alternatives to people, then the international community and the communities around the blockchain should think about projects aimed at these people.

Thank you for your intervention, for the support and sensitivity to the situation that we live in Venezuela.

Fondly
Pr EV

Coin Marketplace

STEEM 0.15
TRX 0.16
JST 0.028
BTC 68616.15
ETH 2450.08
USDT 1.00
SBD 2.43