In Venezuela, Cryptocurrency Is an Oppressor and a Lifeline

PCMag
PCMag
Oct 24, 2018 · 30 min read

Venezuela embodies the best and worst potential of blockchain technology. While the Maduro regime uses the Petro coin to fund authoritarian oppression and combat hyperinflation, crypto solutions give people a potential path to economic freedom.

By Rob Marvin

Daily life in Venezuela begins and ends with one question: What is my money…