35 West

Cryptocurrency v. Authoritarianism in Venezuela

12.06.2018 - By CSIS | Center for Strategic and International StudiesPlay

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Cryptocurrency use is increasing amongst everyday Venezuelans. The Maduro regime has been tightening controls on the economy and continues to reject humanitarian aid. However, independent cryptocurrencies (as opposed to regime-controlled petro) are enabling censorship-resistant peer-to-peer digital cash transactions. Alejandro Machado, Founder of Open Money Initiative, joins CSIS’ Moises Rendon.

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