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How Open and Public Cryptocurrencies Can Help Venezuelans

April 13, 2021
Since the Maduro regime launched the petro, its attempt at a national cryptocurrency, Venezuela’s open and public cryptocurrency ecosystem has been underestimated. For individuals living in a 2,600 percent inflation economy with authoritarian monetary policies like in Venezuela, cryptocurrencies built on public blockchains offer a variety of solutions. These benefits include preserving the value of Venezuelans’ money while protecting it from their government and offering solutions to send humanitarian aid more efficiently and securely.
Q1: How do these currencies work? How do they differ from private cryptocurrency and traditional currency?
A1: Open and public cryptocurrencies are digital currencies that use cryptographic algorithms to record and secure information that is stored on a distributed ledger, a network of computers that is known as a blockchain. Open and public cryptocurrencies, such as Bitcoin, are not issued, controlled, or maintain ....

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Joe Biden's Modi operandi

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Narendra Modi must be so happy.
Even though the Indian prime minister lost a powerful ally when voters booted
Donald Trump the kind of friend who attended a “Howdy Modi!” rally
Joe Biden is turning out to be a decent buddy, too. ....

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US warship's secret Africa mission aims to help punish Venezuela, deter attempts to jailbreak Maduro aide before extradition

US warship s secret Africa mission aims to help punish Venezuela, deter attempts to jailbreak Maduro aide before extradition
US cruiser San Jacinto recently sailed across the Atlantic to keep a close eye on Alex Saab, a Colombian businessman, widely believed to be the architect of the economic deals that are keeping the Maduro government afloat, who was arrested in June in Cape Verde
File image of Venezuelan president Nicolas Maduro. AP
Washington: For the past month, the Navy cruiser San Jacinto had sailed off the West African island nation of Cape Verde on a secret mission aimed at helping deal a major blow to President Nicolás Maduro of Venezuela, an avowed adversary of the Trump administration. ....

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Navy Warship's Secret Mission Off West Africa Aims to Help Punish Venezuela

WASHINGTON â For the past month, the Navy cruiser San Jacinto had sailed off the West African island nation of Cape Verde on a secret mission aimed at helping deal a major blow to President NicolÃ¡s Maduro of Venezuela, an avowed adversary of the Trump administration.
The mission was set in motion in early June, when Alex Saab, a Colombian businessman who is widely believed to be the architect of the economic deals that are keeping the Maduro government afloat, was arrested in Cape Verde when his private plane stopped to refuel en route to Iran from Venezuela. The United States sought his extradition under American money laundering charges, and judicial proceedings began. ....

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