Hacker News new | ask | show | jobs
by ufo 3041 days ago
The problem with Venezuela isn't just inflation. Inflation is a symptom of the political and economical chaos they are going through. Before you can attempt to fix their inflation you need to first get them out of the borderline civil war they are going through.

This is also not the first time I see these suggestions that bitcoin is going to solve all of Venezuela's troubles. Overall these suggestions strike me as foreign bitcoin holders hoping that the venezuelans will push up the value of their speculative investment.