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RE: A reminder why Bitcoin matters...

in #bitcoin • 6 years ago

Venezuela isn't a mess just because of foreign interventionism. It is one of the most fertile regions on the planet, it is rich in natural resources, and it is still crippled by a belief in the need for a strong central government with a command economy.

6 years ago in #bitcoin by
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     6 years ago (edited)


    Venezuela is the clear global leader in oil reserves
    While the United States is the production leader, its reserves are only 10 percent of what Venezuela has.
    The World’s Largest Oil Reserves By Country

    1. Venezuela - 300,878 million barrels
      (ten) United States - 39,230 million barrels

    Read more: https://www.upi.com/Venezuela-is-the-clear-global-leader-in-oil-reserves/9251533031601/#ixzz5dqEp5Svf
    Read more: https://www.worldatlas.com/articles/the-world-s-largest-oil-reserves-by-country.html

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     6 years ago (edited)

    Is the other guy (claimed himself President) really better? He is called to be "far right" and ready for privatisation. Maybe only a few will profit but the majority continue to suffer.
    I really do not know. Will go to get some more popcorn for this ....

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     6 years ago 

    "Privatization" usually means not free markets, but corporate cronyism.