TWENTY Years of Pdvsacide
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.
Economy
Venezuela Needs a Helping Hand, a Crypto Hand
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.
Debtbook Diplomacy: Predatory Imperialism Made in China
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.
Goodbye Bolivar
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.
Happy First Anniversary, Hyperinflation... When Will You Go Away?
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?
Mafias Search for Lost Gasoline, Civilians Pick Up the Last Drops
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?
Humanitarian Crypto Initiatives for Venezuela
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.
Orinoco Mining Arc Is Explodin’, Violence Flarin’, Bullets Loadin’
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.
Crypto vs. Exchange Controls. Crypto Wins.
The barriers to sending money to people in need in Venezuela seem overwhelming...until you get the hang of Crypto. Then it’s easy.
The Crypto Talk: Why the World Needs Digital Cash
Moisés Naím wrote a piece for El País about the disappearance of physical cash and how cryptocurrencies are challenging our notions of what money is. Alejandro Machado takes on these two complex issues and goes deeper into the discussion.
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