Using Blockchain to Protect Venezuelans From Hyperinflation

Simon Chamorro, co-founder of Valiu, discusses the economic crisis in Venezuela, marked by hyperinflation and the collapse of the Bolivar. Valiu aims to protect Venezuelans' wealth using cryptocurrency, offering a platform for remittances and local payments. Simon shares his personal journey from industrial design to tech and crypto, highlighting the potential of blockchain to transform society. Valiu's goal is to enable digital dollar payments, reducing reliance on the Bolivar. Despite past failures like El Petro, Simon believes blockchain remains a strong foundation for future economic solutions.

What is the main purpose of Valiu as described by Simon Chamorro?

How has hyperinflation affected the value of the Bolivar in Venezuela?

What challenges did Simon Chamorro face growing up in Venezuela?

What role does cryptocurrency play in the economic landscape of Venezuela according to Simon?

What are the main objectives of Valiu in terms of payment methods?

What was El Petro and why was it considered a failure?

How does Simon Chamorro view the future of blockchain technology in Venezuela?