35 West
35 West
Center for Strategic and International Studies
Cryptocurrency v. Authoritarianism in Venezuela
34 minutes Posted Dec 6, 2018 at 3:00 pm.
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Show notes
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.