Naval: Killer App of Crypto is Socialism, Venezuela is a Prime Example

The killer application of crypto is socialism, said Naval Ravikant.The killer app for crypto is Socialism.
— Naval (@naval) January 26, 2019The prominent entrepreneur, who co-founded AngelList, a website dedicated to matching startups with investors, emphasized the use case of crypto at a time when socialism is failing in Venezuela. However, he didn’t specifically mention the country.
Venezuela: A Socialist Evil
Every sensible witness agrees that Venezuela, which is sitting atop the