These 3 Charities Are Helping Venezuelans Buy Food With Crypto22

Hyperinflation has made Venezuela’s fiat currency, the bolivar, essentially unusable. The state-issued crypto-asset, the supposedly oil-backed petro that debuted last February hasn’t solved the problem, and now many Venezuelans can’t afford even basics like bread and medicine.

In the past week, three separate crypto-backed donation efforts have made their voices known on social media, with videos surfacing on Twitter and YouTube describing their projects, actions, and goals. Here’s a quick summary of all three and how they’ve garnered tangible results.

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