Venezuela and food

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Venezuela, a South American country, is reportedly facing a serious humanitarian crisis. People are starving, but the authorities have been reluctant to allow direct foreign aid into the country.

Reports say the recent success of a food distribution initiative funded through Bitcoin donations proves that cryptocurrencies are indeed borderless.

One good fact about cryptocurrencies is that they can be transferred anonymously with maximum privacy protection.

Since the Venezuelan government blocked entry of food convoys through its borders, people outside the country have decided to pool resources to send money across the border so that food can be bought and distributed locally without delving into border and foreign aid issues.

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