Finance

Turning Worthless Money into Art: How Venezuelans Are Adapting to Hyperinflation
Economics, Finance, Weird World

Turning Worthless Money into Art: How Venezuelans Are Adapting to Hyperinflation

In Venezuela, where hyperinflation has rendered paper money practically worthless, many people have found an unexpected way to repurpose their devalued currency—by transforming banknotes into art and functional goods. With bolívar bills holding little purchasing power, Venezuelan migrants and locals have begun folding, weaving, and sculpting the once-valuable notes into handbags, wallets, baskets, and decorative sculptures. This adaptation is not just a symbol of economic collapse, but also a powerful act of resilience—a way for struggling Venezuelans to earn a living while raising awareness of their country’s dire situation. Venezuela’s Economic Collapse: Why is Money Worthless? The Venezuelan economy has been in crisis for years, largely due to government mismanagement, declin...
Top 10 Cryptocurrencies to Watch in 2024
Economics, Finance, World

Top 10 Cryptocurrencies to Watch in 2024

Cryptocurrencies have revolutionized the way we think about money, investments, and decentralized technology. Over the years, the market has expanded beyond Bitcoin, giving rise to thousands of digital assets with unique use cases and value propositions. In 2024, these cryptocurrencies continue to dominate the market in terms of innovation, adoption, and market capitalization. Here’s a detailed look at the top 10 cryptocurrencies, what makes them stand out, and why they remain key players in the evolving world of digital finance. 1. Bitcoin (BTC): The Pioneer Market Cap: Over $1 trillion Price (as of 2024): ~$93,000 Bitcoin remains the most recognized and valuable cryptocurrency, often referred to as "digital gold." Launched in 2009 by an anonymous creator, Satoshi Nak...