The secret, dangerous world of Venezuelan Bitcoin mining

posted by
November 29, 2016
Reason
by Jim Epstein  
Posted in Commentary

"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." (for publication 01/17)

http://reason.com/archives/2016/11/28/the-secret-dangerous-world-of  

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