The Economic Situation of Venezuela and How Crypto is Playing a Role with Ernesto Contreras of Dash - a podcast by Michael Nye: Bitcoin, Ethereum, Litecoin, Blockchain, Cryptocurrency, Crypto Advocate

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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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