July 29, 2019· 44 min

Here's How People Are Using Cryptocurrency in Venezuela

Jill Carlson

Orality

Model

77%

Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostJoe Weisenthal(1,785 words)

M:29%

HostTracy Alloway(987 words)

M:28%

GuestJill Carlson(4,808 words)

M:94%

Oral Indicators

Agonistic36%

definitely, basically, very

Engagement56%

you, our, your

Memory Aids100%

listen, now, right

Repetition100%

it's (68x), about (66x), people (66x)

Parallelism100%

And I'm Tracy Alloway...., And in fact, I'm kind of skept..., But I This is quite a walk bac...

Sound Patterns69%

55 question(s), alliteration: "markets move", alliteration: "barclays brief"

Formulaic Phrases10%

at the end of the day, i mean, to be honest

Literate Indicators

Hedging9%

may, quite, maybe

Passive Voice7%

was excited, was excited, being impoverished

Abstract Nouns18%

investment, announcement, skepticism

Subordination8%

because, although, nonetheless

Sentence Length48%

Avg: 17.0 words/sentence

Word Complexity47%

investment, analyze, anticipate

Academic Markers0%

Impersonal Style44%

447 personal pronouns found

Descriptive Style99%

recently, necessarily, definitely

Description

Last month, Facebook announced it was launching its own cryptocurrency called Libra. Facebook says Libra is going to have all sorts of benefits, including helping people without traditional bank accounts and acting as an alternative form of money in countries that don't have stable currencies. At the same time, Facebook's Libra has already been criticized for potentially allowing people to skirt existing government rules. On this episode of Odd Lots, we speak with Jill Carlson, co-founder of the Open Money Initiative, about the actual use cases of Bitcoin and other cryptocurrencies. She's been studying exactly how people have been using cryptocurrency in one of the world's most unstable monetary systems: Venezuela. See omnystudio.com/listener for privacy information.

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