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.
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.
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.
It seems like poor management and corruption won’t only affect Zulia inhabitants. The entire country loses money when oil production in that state declines because of the electric crisis.
You might have read this in February, as the petro was supposed to be launched in February. Maduro even hit a symbolical “on” switch pressing enter last week. And still… cue crickets.
Workers in the public sector, are now showing their dissatisfaction with the government and how Maduro’s economic measures mean that there’s no fair salary escalation. They’re all equally poor.
Since they control most of the media and Venezuelans don’t have access to the news or different points of view, the regime can fabricate and spread a convenient narrative. This is how poorly informed citizens answered questions about the economic measures.
People all over Bolívar State have got gold fever. They travel to the mines and make ends meet by selling everything they can think of to miners. The problem is that, in addition to gold fever, they could get malaria or measles. As profitable as the business might be, is it worth the risk?
This is how we fight back! We’re putting our crypto where our knowledge is. In this case, it’s in omipedia, the encyclopedia of all things crypto.
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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