technology

A Venezuelan Bitcoin Miner on Why He Had To Flee

Bitcoin mining has exploded in Venezuela as the economic crisis deepens, but it’s attracting attention from police who are reportedly extorting miners.

Venezuela's spiraling economic crisis has forced many citizens to seek new ways of making money. This week on Decrypted, Bloomberg's Camila Russo and Brad Stone hear from one businessman who made the decision to quietly start mining bitcoin -- a smart move until it attracted the attention of the police. Authorities raided his office, and he says, tried to extort him -- forcing him to flee the country.

Want to hear more? Subscribe on Apple Podcasts and Pocket Casts for new episodes every week. Decrypted is a podcast that uncovers the hidden projects, quiet rivalries and uncomfortable truths in the global technology industry. 

— With assistance by Patricia Laya

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