The Secret, Dangerous World of Venezuelan Bitcoin Mining

{{Title link: https://reason.com/archives/2016/11/28/the-secret-dangerous-world-of }}

moral-autism:

In a country where cash has lost much of its value, and food and other necessities are dangerously scarce, bitcoins are providing many Venezuelans with a lifeline. The same socialist economics that caused the country’s meltdown has made the energy-intensive process of bitcoin mining wildly profitable—but also dangerous.


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#interesting #Venezuela #bitcoin