Davide
Davide
Sep 6, 2018 · 1 min read

I suppose that also the transactions in $ (and in other currency) increased a lot. Why have you not done a research on that before writing the article?

In Zimbabwe people were in the same situation and switched to other currencies. What is the advantage of BTC against $? That BTC can lose 13% overnight for no reason? I am sorry for the Venezuelans.

More in general: the situation in Venezuela is liked to corruption and bad governance, among the others. Bitcoin can not fix that. After few centuries of technological progresses it should be clear that a technical tool (like Bitcoin, a piece of code) can only eventually make our life a little easier (if used correctly).

Mobile phones and social networks helped to ignite the Arab Spring: now all those Countries enjoy democracy, respect of human rights and prosperous economy, right?

Bitcoin will not solve the problems of Venezuela. Venezuelans should do that, with or without crypto.

    Davide

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    Davide