Yes, having an income in dollars can go a long way. However, there are plenty of other factors at play in order to make it to the end of the month in this economy. Earning dollars, on its own, just won’t cut it anymore.
The company that produces nearly all of Venezuela’s export earnings looks like a store the day after it’s been looted. How chavismo took an oil giant from world class to bankrupt-in-all-but-name in just two decades.
Cubans used to say that all they needed to survive in Cuba was a lot of “FE,” meaning not faith, but “Familia en el Extranjero.” Venezuelans walk that trail today and there are plenty of ways you can help them... with crypto.
As the world’s largest oil importer, one would think China would bet on keeping Venezuela up and running. Turns out that, either way, they’ll turn a profit.
Venezuela’s currency is dying not with a bang, but with a whimper as virtually all large —and many mid-sized— transactions are switching, de facto, to the dollar.
It’s been a year of hyperinflation in Venezuela, with a yearly rate that ravages consumers’ purchasing power and devours companies left and right. Just where does it ends?
The revolution’s aim at a feudal state controlled by mafias grows stronger as smugglers and the black market thrive with the shortage of gasoline. Who will survive this mayhem? Ruthless mafias or scared citizens?
There’s been a lot of discussion around the potential use cases of crypto in Venezuela. Here’s an overview of some notable projects working in the space.
After the Tumeremo massacre, on October 14, we know for a fact that the ELN operates in Venezuelan territory. But the ecocide, human trafficking, slavery and “mysterious” disappearances started in 2016, with the Orinoco Mining Arc's decree.
The barriers to sending money to people in need in Venezuela seem overwhelming...until you get the hang of Crypto. Then it’s easy.
We’ve been able to hang on for 22 years in one of the craziest media landscapes in the world. We’ve seen different media outlets in Venezuela (and abroad) closing shop, something we’re looking to avoid at all costs. Your collaboration goes a long way in helping us weather the storm.
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