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March 17, 2016 12:00 am GMT
The economic prospects for Latin America in 2016 are grim. With political instability in some of the region’s largest economies, as well as a general slump in prices in oil and other commodities, businesses and consumers are facing a depression and, in the case of Venezuela, economic collapse. Many Latin Americans are turning to bitcoin as a solution, and the recent crises seem only to… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ybOrjEl8t7E/
Why Latin American economies are turning to bitcoin
The economic prospects for Latin America in 2016 are grim. With political instability in some of the region’s largest economies, as well as a general slump in prices in oil and other commodities, businesses and consumers are facing a depression and, in the case of Venezuela, economic collapse. Many Latin Americans are turning to bitcoin as a solution, and the recent crises seem only to… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/ybOrjEl8t7E/
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