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Feeding Venezuelans with Bitcoin - Jose of EatBCH

Jose is the cofounder of EatBCH, a charity that feeds Venezuelans using Bitcoin Cash donations from around the world. What is life like in Venezuela today? How does commerce work and what money is used?

15
Host
Matt Aaron

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About the Episode

Hyper-inflation, lack of food, water, basic goods, and safety. Venezuela has fallen apart over the years, and there isn't much hope in sight for the Government to turn things around.

Jose is in Venezuela running a charity, EatBCH. With Bitcoin Cash donations from around the world, Jose and the team help acquire food and cook meals for people in 6 different states across the country.

Timestamps:
2:51 - Jose's recent trip to D.C. for the CSIS conference
4:45 - The logistics of going from Venezuela to D.C.
6:48 - What is Venezuela like right now? Food, water etc.
9:42 - Refugees and cryptocurrency
11:14 - Do young people stay in Venezuela?
13:11 - What are typical salaries in the country?
14:09 - Can you pay for everyday things with cryptocurrency? Cash? Credit cards?
16:58 - Do cryptos really work in Venezuela?
18:45 - How does Jose make a living?
20:57 - Behind the scenes of EatBCH
23:10 - Why transaction fees matter. In practice there is a big difference between 10 cents and a fraction of a cent.
24:59 - How many people can be fed for 5 dollars?

Mentioned in the show:
EatBCH:
CSIS
Josh Ellithorpe
Mike Malley
Help Jose and his brother directly: bitcoincash:qr2zkwyl5j9hfn5xrflw0trm34ja4q60lsc7r8683q

About the Host

Matt Aaron

Matt Aaron has been podcasting since 2013, when he launched the Food Startups Podcast.

He recently found a second love in cryptocurrency and blockchain and hasn't looked back.

His first major investment into cryptocurrency was the money he made betting on (but not voting on) that Donald Trump would win the 2016 election.

Matt believes that public blockchains and cryptocurrencies are the solution to the many problems exposed of the current banking system in the 2008 financial crisis.

A food entrepreneur, he exports exotic fruit from South America to USA.

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