By Leonel Suárez, El País: Romero believes the main risk of using USDT in Bolivia is the population’s limited knowledge about how cryptoassets work, which opens the door to potential scams In the face of the persistent dollar shortage in Bolivia, a new currency is starting to circulate more strongly in the country: USDT (Tether),…
Tag: ineptocracy
The root problem is the accelerated loss of purchasing power | El problema de fondo es la pérdida acelerada del poder adquisitivo
By Miguel Angel Amonzabel Gonzales, El Deber: When Cooking Became a Bolivian Luxury May 2025 will go down as the most critical month of the year for Bolivia’s economy. A combination of internal and external factors unleashed a perfect storm that hit households hard and put small and medium-sized businesses in check. Among all the…
Cryptocurrencies: A New Alternative to the Dollar in Bolivia? | Criptomonedas: ¿la nueva alternativa al dólar en Bolivia?
By El Deber: The use of cryptocurrencies is growing in Bolivia Until 2024, the use of cryptocurrencies in Bolivia was explicitly restricted due to concerns about their instability and use in illicit activities, limiting their circulation and development in the country. A Bolivian expert analyzes the situation in Bolivia. With the increasing use of cryptocurrencies…
Incredulity, Fear, Indifference | Incredulidad, miedo, indiferencia
By Renzo Abruzzese, Brújula Digital: The palpable social anxiety over the shortage of dollars contrasts sharply with the government’s discourse that boasts of economic stability and a glorious future. Its main component, the dollar, has become less a means of exchange and more a fetish. It is a painful symbol of the lost normalcy, one…
Tuesday of chaos with 27 blockades affecting traffic in several regions of the country | Martes de caos con 27 bloqueos afectando la circulación en varias regiones del país
By Unitel, El Dia: The number of blockades rose to 27 this Tuesday, up from 25 the day before. The mobilizations increased despite a group of residents forcing the lifting of some protest points on Monday. There are 27 blockade points in the country at the start of this Tuesday. Photo: APG Archive There are…
Elections or Coup d’État | Elecciones o golpe de Estado
By Carlos Toranzo Roca, Brujula Digital: In 2003, Gonzalo Sánchez de Lozada was forced to resign. The social mobilizations were not innocent; they wanted to oust him from power. El Mallku explicitly said they had rebelled and that government personnel were ambushed in Warisata to overthrow the government. The mobilizations in El Alto were not…
