VOTU podcast - Talking Politics On The Blockchain ✌️
Last week the Pirates of VOTU discussed the Petro dollar and what it means when centralised governments say they're launching a decentralised monetary system.
Tune in live todays episode is about to start
https://discord.me/votu
My video is at DLive
The Venezuelan government desperately needs a source of financing because its revenues have fallen due to low oil production, which is why it resorts to Petro as a source of income to be able to face the new debt payments that are about to expire.
Though I'm less interested to politics but I like that you talk about it on #dlive. Thanks for the podcast. 👏👍👍
Politics can be a painful topic especially because most of the time people resort to blaming those in power for their problems. We like to encourage more constructive conversations by discussing ideas that are untried. Whether we like it or not blockchain and cryptocurrency are very political matters. Steem is especially political, evidently with all the added drama on the trending page.
I think that the "official" lauch of cryptocurrencies is the government trying to keep control of the people through the control of the money. It's an attempt to mantain the actual rules, where centralisation on the bureaucracy limit the action of individuals.
Venezuelan government is trying to make blockchain and cryptocurrencies work within the logic of a central monetary policy.