(NEW) Sky Transit Project : SPOTLIGHT Venezuela GDP stats

in Project HOPE5 years ago (edited)

This is my first attempt at a new Sky Transit Project. The goal:

  • provide for the symbiotic transition of functional information between Hive<->Steemit

Essentially, I'll be selecting portions of previously posted material with a link back to the original posting. This enables me to:

  • follow up
  • make edits
  • grow with the material, emerging events and comments

Let me know if I am missing anything. Appreciate it.

visit the full/original post here



Venezuela GDP


I thought I might see Venezuela within the top 10. What I found seems more telling.



figure adapted from FocusEconomics

Change is Needed

buying a loaf of bread requires a larger stacked volume of paper money.

...Off the Charts

What better statistic to illustrate the immediacy of a nation in crisis than no statistic at all. Because this is what I found. Venezuela was the only nation on the list that did not have an (actual) value for BOTH 2017 and a (projected) value for 2023.

Finding a Place to Start

Rankings do not always tell the whole story.

Nevertheless, rankings and statistics often warrant our consideration. Someone put time behind their collection. If the subject matter involves real people we should pay attention.

...Crypto Can Help

Crypto has already permeated the Venezuelan economy. In relative terms, it would not take much for independent citizens to contribute to a global blockchain that reports at least somewhat accurate economic data. More than this, any honest crypto venture will likely provide relevant data. This could be life altering if it's in anyway connected to individual lives.


For we are God's fellow workers. You are God's field, God's building.

- 1 Corinthians 3:9 ESV from OpenBible.com via 'solidarity'



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@machnbirdsparo first of all again a solid economic Article. Yes we the government work together they will surely in the top 10. And cryptocurrency will also adding a back bone for the country.

I see it this way as well.

Like your use of back bone

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To support your work, I also upvoted your post!

Do not miss the last post from @hivebuzz:

The Hive community is in mourning. Farewell @lizziesworld!

solid reading, Venezuela can be overcome with technology and the use of cryptos.