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Venezuelans try to beat hyperinflation with cryptocurrency revolution


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Venezuelans try to beat hyperinflation with cryptocurrency revolution
dw.com
3 hrs ago
Nicolas Martin
With Venezuela s official currency plummeting for years, both the government and cryptocreators are trying to stem the rot with digital tokens. For ordinary Venezuelans, the cryptoboom also means regaining freedom.
© Yuri Cortez/Getty Images/AFP
Hyperinflation caused by a massive economic crisis has boosted the use of cryprocurrencies in daily life
Returning to his home country of Venezuela would be dangerous for Gabriel Jimenez. The 31-year-old programmer has been living in exile in the United States for two years now, from where he is striving to push a cryptocurrency revolution in his country with a digital coin called Reserve. ....

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