The Economic Situation of Venezuela and How Crypto is Playing a Role with Ernesto Contreras of Dash
Published May 1, 2019
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56 min
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    Sign up for our newsletter at https://Evolvement.io. 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 https://www.dash.org/. 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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