![]() On the surface, this is an unusual story of Venezuelans trying to earn a real-life living through the digital world, but underneath lies a tale of corruption, privilege and resilience. Privilege and punishment in Venezuelan gaming "The Venezuela government is not recognising this phenomenon because it still functions in bolivars, but widespread that people are transacting and negotiating goods and services in dollars, and that is accepted," says Rodriguez. This has created an economy within Venezuela that operates exclusively in dollars or cryptocurrency, cutting out the bolivar altogether. Rodriguez explains that real-world trading through multiplayer online role-playing games provides a possible income in dollars as opposed to the volatile bolivar. It is not just the deterioration of the bolivar that is triggering people to be desperate to find different currency incomes, there is the fear of missing out and a need to have this access in order to live.” Because of the distortions that are happening with the bolivar, you are seeing people find ways to access other currencies as a more stable alternative. Venezuela-born Victor Hugo Rodriguez, CEO of LatAm Alternatives – a financial services company that specialises in capital flows between Latin America and the US – explains: “There is a new incoming breed of social class and they have a new way of approaching the economy. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |