is Bitcoin saving Venezuela from chaos?
Venezuela & Bitcoin have had a growing relationship. This animation covers the reasons why Venezuelans are moving towards Bitcoin. Hyperinflation is the reason many Venezuelans have turned to Bitcoin. Having a currency that it out of the reach of their Corrupt government is a blessing for many.
00:00 Intro
00:07 Inflation in Venezuela
00:26 Venezuelans adopting bitcoin
00:43 Government currency control and repercussions
00:55 Bitcoins' advantages over the Venezuelan monetary system
01:35 Bitcoin peer-to-peer transactions helping Venezuelan citizens
02:00 What led Venezuelans to adopt Bitcoin?
02:12 Future possibilities for Venezuela
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