Can the financial crisis in Venezuela affect your business?

By now, almost everyone is aware of the economy in Venezuela. They are experiencing hyperinflation at an alarming rate and if that’s not bad enough, they can’t send or receive money via PayPal or wire transfers from most financial institutions.

So how are they supposed to make money?

Enter fivebucks, a freelancing platform that utilizes blockchain technology. Many of you may be unaware of the quality of freelancing work from South America and Venezuela in particular. In addition to the quality work of Venezuelan freelancers, it’s a huge boost to their economy.

For every $5 (U.S. currency) you spend with them that is equal to about $1.2M Bolivar so this creates a great opportunity for Venezuelans and for those looking for outsourcing.

Learn about these topics and much more here in today’s video: How the Financial Crisis in Venezuela can Impact Your Business (+ New Freelancing Opportunities)