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Dash Text launched in Venezuela today, allowing users without smartphones to send and receive Dash using SMS enabled cell phones on the Movistar and Digitel networks. Dash Text was created through a partnership with BlockCypher. Rumors have it that Dash is becoming more popular in Venezuela. I have yet...
Venezuela and New Hampshire in the U.S. are too vastly different economic areas. Yet despite this, two people, thousands of miles apart, are showing what it's like to live off of Dash, a peer-to-peer digital currency for payments. Joel Valenzuela is a cryptocurrency enthusiast living in New Hampshire and Eugenia...
Latin Americans are increasingly turning to cryptocurrencies which many perceive these as a more stable store of value and means of transaction. In hyperinflation-crippled Venezuela, privacy-focused cryptocurrency Dash is rising in popularity among locals with some 200 merchants signups and thousands of wallet downloads per month. “We are seeing tens of...
Making a sudden change to an established system is no small feat.  If the change is large enough, and the system in question broad enough, you can easily foresee catastrophic failure at multiple points.  If the system in question happens to be political, economic, or social then you might...
With an economy largely dependent on petroleum, the Venezuelan economy is in catastrophe. The Bolivar has fallen 99.99 percent against the American dollar and the country is currently experiencing one of the world’s worst monetary crises. Several measures have been taken by the government to combat exorbitant inflation, among...