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Venezuela is struggling because of a focus on the collective, not because of sactions, blockades, and coup attepts... none of that has any real effect.
by pasquinelli 6y ago
Venezuela is struggling because of a focus on the collective, not because of sactions, blockades, and coup attepts... none of that has any real effect.
- imtringued 6y agoA common point in Bitcoin submissions on HN is that a deflationary cryptocurrency would help with the inflationary currency (e.g. in Venezuela) and make it possible for the average person to build wealth. I just looked up Venezuela's situation. Well, food prices are going up because diesel sanctions prevent farmers from running their tractors. That's definitively not a currency problem.