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Podcast: The Peter McCormack Show
Episode: Bitcoin World #6 - What Happened in Venezuela with Stephan Livera & Peter McCormack - WBD199
Description: Location: Skype Date: Thursday 27th Feb Project: What Bitcoin Did & Defiance Role: Host Venezuela is in the midst of a political crisis. For 20 years the country has been governed by the socialist party, led by Hugo Chavez from 1999 until his death in 2013. Following his death, Nicolás Maduro, his preferred successor, took control of the country following a much-disputed election. Under Manduro, the economy and local currency have collapsed, with extreme hyperinflation reaching unprecedented levels. The inflation rate reached 69% in 2014, and by 2018 grew to an astonishing 1,698,488%, leading to significant growth in poverty, h...