The Economic Situation of Venezuela and How Crypto is Playing a Role with Ernesto Contreras of Dash
Published May 1, 2019
56 min
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    Sign up for our newsletter at Evolvement is a podcast hosted by Nye that revolves around Bitcoin, cryptocurrency, blockchain technology, and how these play a role in the current financial models and economic systems of the world. In this episode, I sit down with Ernesto of the DASH team to discuss the economic situation in Venezuela. We discuss a bit about what is currently happening in Venezuela and how the situation has developed over time. We chat a bit about how Bitcoin, Dash, and other cryptocurrencies are being used in Venezuela. Finally, we chat a bit about how DASH moved into Venezuela and why this situation is near to their hearts. Learn more about what they are building at Also, thank you to our sponsors Ghost Talk and Heat Ledger. And thank you to all our listeners! You guys help make this possible. Timestamps 2:40 - Who are you and how did you start working for Dash? 9:32 - What is happening in Venezuela? 13:10 - Has this issue been developing for a long period of time? 16:40 - What are some of the economic mistakes Venezuela has made? 19:10 - Are Venezuelans using crypto? 23:30 - So they are no necessarily using crypto for payments? 28:35 - How is the government reacting to crypto? 31:05 - How did DASH take a step into Venezuela? 43:00 - Is there any negative sentiment toward crypto? 47:35 - Can Venezuela back-peddle? 50:55 - Where can people learn more about DASH and Venezuela?
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