Hi there!

The world is verging upon a discouragingly fast financial transformation towards the sunnier -  a more sustainable, blockchain based decentralized economy model. However, the transformation cycle is way far from it’s completion when the endorsement methods and use cases are inclined to move towards the rudimentary.

But have you heard about BTC adoption in Venezuela? It is not hype, it is only the rescue of national economy.
Hyperinflation reaching 6500% only last year has made Venezuelans reconsider their approach to savings and rotation of the US dollar since 66% of all the financial transactions performed during 2020 were executed in the American currency. Venezuela is the last country to move into hyperinflationary times after the Beirut blast in Lebanon.

In my mind, many countries in Southern Africa, MENA region and countries that only export oil, lithium, cobalt, other rare resources suffer from prolonged influence from transnational corporation. You may ask if there is the way out of the USD loop?

Yes, decentralized economy can be truth once there is an sustainable infrastructure to first duplicate all valuable resources and assets and then replace traditional corrupted economy with new transparent one.

In our project we discuss meticulously such problems and developing tools for help - https://zam.io/

What do you think about this?