• How Bitcoin Helps Socialism Work [Venezuela vs El Salvador Bitcoin Adoption]

  • Jun 22 2023
  • Length: 45 mins
  • Podcast

How Bitcoin Helps Socialism Work [Venezuela vs El Salvador Bitcoin Adoption]

  • Summary

  • Ever wondered about the real-world impacts of Bitcoin beyond the charts and figures?

    In this episode, I interview Lorenzo Ray, a Venezuelan entrepreneur and Bitcoiner, who has firsthand experience of societal collapse in Venezuela. We discuss how Bitcoin can serve as a shield against inflation and unfavorable government policies.

    Lorenzo sheds light on how Venezuelans have been utilizing Bitcoin to fortify themselves against inflation and stringent government policies.

    He details how the Venezuelan economy, largely supported by oil money, was manipulated by the government which controlled the dollar market, selling dollars at a discount to its citizens.

    We also chat about the inflation-hit streets of Venezuela, the global landscape of personal freedom and civil liberties, and a nation that's carving out a unique place for itself in the Bitcoin world.

    This episode celebrates the power of Bitcoin and our hope for a brighter future!

    Join us. Embrace the adventure, the learning, the change. Prepare to be inspired, informed, and invigorated. This is your opportunity to see beyond the typical Bitcoin chatter, to grasp the true human potential of Bitcoin.

    Keep seeking the truth,

    Francesco

    Let's connect. You can find me at:

    Twitter: @moneydelics

    YouTube: Moneydelics

    Direct Messages: https://vida.page/moneydelics

    Connect with Lorenzo Rey

    Twitter: @lorenzoreybtc

    TikTok: @lorenzoreybitcoin

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