Venezuela’s economy is in free fall. The government says a digital currency is the answer.

It’s easy to see why digital currencies might appear attractive to politically divided and economically strained nations like Venezuela. If every Venezuelan had invested his or her gross 2009 income of $11,500 into bitcoin, the investment would have been worth about $84 billion in May this year — per person. In a nation which has gone […]

Source: http://www.washingtonpost.com/blogs/worldviews/wp/2017/12/04/venezuela-says-its-in-a-financial-world-war-and-wants-to-fight-back-with-its-own-digital-currency/