VOICED : Minar bitcoins peligroso escape de venezolanos a la inflacion

VOICED : Minar bitcoins peligroso escape de venezolanos a la inflacion

Assessment

Interactive Video

Computers

9th - 10th Grade

Hard

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In Venezuela, many citizens use Bitcoin to bypass strict currency controls and protect their finances from extreme inflation, which could reach 1,400% this year. The use of cryptocurrencies allows access to global markets, especially for purchasing unavailable goods like medicine. The rise in cryptocurrency transactions began in 2014 amid an economic crisis. While some earn significant income through mining, others face challenges due to the lack of regulation and accusations of energy theft. Despite not being illegal, miners are often targeted by authorities for their high electricity consumption.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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