RE: Venezuelan government jails 11 bankers and takes over 2 "top 5" banks in the country.
First of all,
Thanks for the detailed feedback, it looks like we can make this work.
We need to carefully think this trough.
A few options i see:
- we could transfer into Petro first and then donate the Petro, Then the Petro can be traded into Bolivar. This would take away the risk to get incarcerated for trading 'other coins'. If this is not abused by the government.
We first need to generate enough funds to work with, i would prefer to help a number of people or projects with small amount. so that the word goes around a bit and that things work both ways.
Dollarisation seems to be a risk as well. It would be weird to become dependent on a currency of a nation that is 21trillion in debt itself. I annoyed myself that steem 'value' is depicted in Dollars. If the US economy goes in panic mode then my steem looses value due to the US market. Even Euro seems silly. Best would be to see the value of the currency in something different. Anyway it is what it is, we now need to work with whatever becomes standard
When our currency (Dutch Guilder) was replaced by the Euro everything got twice as expensive, and after that the inflation went up fast. The bankers really know how play with money for their own gain. Thanks for mentioning dollarisation as this is something we should keep in mind
I think we can find a few people we can trust. The risk is always there, and there are many greedy people out there, we need to build up relationships and that takes time. But that's what we do right now, this will slowly take shape.
Most important is safety and security for the people who are involved.
I indeed didn't know that Venezuela had such a large population I thought Brazil had the largest number of citizens.
I would like to make this project as decentralized as possible (If that is even possible) Still thinking how this could be done. More on this later... For now i just need to see what comes next ,as i never done such project before. I'm glad to see people putting in brainpower.
Thanks to all of them!