![Cypher Shrugged [BTC⚡️LN]](https://pbs.twimg.com/profile_images/1168746712548163584/u8DjOiH8_normal.jpg)
1/ Sell it to an electricity operator with international experience. 2/ allow for consumer payments to be made in USD & BTC. Bet it would be up and running in no time.
"There are no skilled operators left there to restart it," although about a particular station, seems to be a pretty good summary of the whole situation.https://twitter.com/AKurmanaev/status/1104961409731960832 …
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Nobody would buy it. Insecure property rights, they could take it back the next day.
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I think the market would come up with ways to discount those risks in the purchase price.
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Before reforms in 2000's Georgian capital Tbilisi had been experiencing electricity shortages. Hydropower plants were out of order and obviously they had no money for fossil fuel. Even presidential office had no water supply when
@SaakashviliM became president -
They started from total privatization. "we will sell everything except our conscience" said K.Bendukidze before they even started all huge reforms. So no, private investors will not go to Venezuela first IMO.
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Straight out of Atlas shrugged
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Venezuela is a real life re-enactment of Atlas Shrugged.
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All the smart people left
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So how do people use bitcorn in this case?
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Mostly USD cash, there's no way to use Bitcoin without power or using an instable internet connection
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Could be military interference from a foreign power looking to disrupt things enough to come into the country under the guise of helping the people.
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Sounds like something out of Atlas Shrugged.
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The US stands with the newly formed government of
@jguaido. And against drug traffickers and human rights violators represented in the dictator@NicolasMaduro -
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You have to say something disregarding the fact that you know nothing of it just to get off!
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Bad government drives out good.
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