Money at the Edge: How PeopleStay Afloat in Venezuela
summary
Open Money Initiative documents how Venezuelans move value: 11 ethnographic interviews plus six phone interviews and 16 diary studies reveal daily workarounds—WhatsApp moneychangers, hawala-style counterparties, and LocalBitcoins used as savings. Ethnographic displacements test Bitcoin for real transactions. Engineering wins include a working Daily Android app for payment links and broader compatibility from a Coinbase Wallet light release; both deployable but liquidity and VPN/access limits still constrain usefulness. Numbers and prototypes, not abstractions, drive the conclusions.
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chapters (6)
- 0:00Start
- 0:03The Open Money Initiative
- 0:44Why Do We Need Open Money
- 2:27Ethnographic Interviews
- 4:19The Networks of People Have Replaced the Roles of Companies and Institutions in Venezuela
- 24:42Why Do We Need Open Digital Cash
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