CoinDesk anchorwoman Leigh Cuen is joined by Elena Giralt, the Electric Coin Company’s product marketing associate known for her analysis on cryptocurrency usage in Latin America, to talk about how digital assets can subvert power dynamics.
According to the Brookings Organize, roughly 4.6 million Venezuelans have fled the country so far, which the United Nations High Commissioner for Runaways called the largest exodus in the region’s recent history. Many such refugees and diaspora Venezuelans use cryptocurrency for payments or to earn freelance income. But, as Giralt pointed out, the industry at large has a long way to go to improve ethical marketing in the region.
“Adoption has been coloured by companies that have a vested interest,” she said. “If you’re going to promote a certain solution or initiative in a vulnerable folk, there’s really a higher bar for disclosures and informed consent.”
Consent is, from Giralt’s perspective, the underlying principle of cypherpunk technology. Later, we’ll consult on how financial privacy is crucial to women’s rights and free, easy ways for people to empower women in their provincial communities.
Want more? Read my article about Venezuelans using cryptocurrency.
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The commander in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of op-ed article policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.