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RE: Venezuelan Economic Crisis: An Outsider's Perspective
From the perspective of a third party, the situation is grim and I really feel sorry for the people of Venezuela who have been forced into such an unfortunate situation due to bad political decisions and overconfidence in a single product for the flow of national cash
Very correct that appreciation, things in Venezuela are very bad, the crisis is much stronger and we need alternatives like this to withstand the crisis, the problem is that there are a large number of Venezuelans who have access to Bitcoin.
I believe this was the first and largest error. Relying on oil for 90% of country wide revenue
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You are very right, the economy is not diversified and that brings consequences. Hopefully we will find the course of economic post-economic once again.