Could Cryptocurrency save Venezuela?

Copyright: ©Николай Григорьев - stock.adobe.com

Copyright:©Николай Григорьев - stock.adobe.com

Venezuela could be saved by cryptocurrencies, but it will not be through a centralized cryptocurrency service that is using philanthropy to try to increase user adoption of their product. Cryptocurrencies began with the core principles of decentralization (no ownership group) and immutability (no censorship). This was a direct response to banks and governments around the world because it prevented it from being controlled. Any cryptocurrency product or service with a CEO could be corrupted just as easily as a government or political agency. The solution for Venezuela and people around the world will not be found in a sponsored Forbes article.