Well, when you look at cryptocurrency and what's missing from distributed networks - it's adoption. The public perception in well off countries is that this isn't something that is required as the current system works efficiently.
The situation in Venezuela is a prime example of how something like Bitcoin can help people survive. It highlights the need for censorship resistant money that can run in a seemless way even if an entire country is down?
Moreover, as a economics junkie, this situation has unfolded in an interesting manner. I've wanted to take an in depth look at the cause for Venezuela's fall. At the heart of that research I found just how much their dependence on oil and exported food has put them in a very tight spot
Well, when you look at cryptocurrency and what's missing from distributed networks - it's adoption. The public perception in well off countries is that this isn't something that is required as the current system works efficiently.
The situation in Venezuela is a prime example of how something like Bitcoin can help people survive. It highlights the need for censorship resistant money that can run in a seemless way even if an entire country is down?
Moreover, as a economics junkie, this situation has unfolded in an interesting manner. I've wanted to take an in depth look at the cause for Venezuela's fall. At the heart of that research I found just how much their dependence on oil and exported food has put them in a very tight spot
Posted using Partiko Android
Wow @reverseacid
Thank you for your kind and amazing comment. I appreciate it very much.
Yours
Piotr