Venezuela’s inevitably doomed plan to save its economy by issuing its own kleptocurrency may well undermine the fragile foundations of other booming cryptocurrencies.
Christopher Sabatini, PhD, is the editor of www.LatinAmericaGoesGlobal.org and a lecturer at the School of International and Public Affairs (SIPA) at Columbia University. From 2005 to 2014 he was the senior director of policy at the Americas Society and Council of the Americas (AS/COA) and the founder and editor-in-chief of the hemispheric policy journal Americas Quarterly (AQ). At AS/COA, Dr. Sabatini chaired the Rule of Law Working Group and the Cuba Working Group. From 1997 to 2005, Dr. Sabatini was the director for Latin America and the Caribbean at the National Endowment for Democracy. From 1995 to 1997, he was a Diplomacy Fellow with the American Association for the Advancement of Science, working at the U.S. Agency for International Development’s Center for Democracy and Governance. He has served as an advisor to the World Bank and the U.S. Agency for International Development. He has published numerous articles on U.S. policy toward Latin America, human rights and democracy, Venezuela, and Cuba in Foreign Affairs, Foreign Policy, Huffington Post, CNN-GPS, Financial Times, and World Politics Review.
Follow Chris on Twitter at @chrissabatini.