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> You should read up on the last decade in Venezuela, which used to be the richest country in Latin America, I'm well aware of the last decade in Venezuela. H
by tablespoon 5y ago
> You should read up on the last decade in Venezuela, which used to be the richest country in Latin America,
I'm well aware of the last decade in Venezuela. Hasn't cryptocurrency been so helpful there?
> and having wealthy professionals see their savings evaporate due to 1,000,000% inflation because of the actions of a government they democratically elected.
It's kinda weird that you focus on the fortunes of "wealthy professionals" in that disaster.
- MathYouF 5y agoAlternative currencies to the Bolivar have been the only way for Venezuelan citizens to protect themselves from losing their entire life savings because of the actions of their governments cental bank. Digital forms of currency which aren't regulated by the state control of the banking system are the only safe way to get an alternative currency, since the Venezuelan government made exchanging Bolivars for stabler currencies like the USD illegal. Im talking about solving the problems of individual Venezuelans, not the government or state. And if people with savings can't rely on them, then a country has no hope of attracting or retaining high talent professionals. Hence why it's so hard to find people left in Venezuela with highly sought after talents anymore.