Can Bitcoin find its practical use case as a currency in Latin America? – TechCrunch

Eduardo Gomez started with Bitcoin in 2012, though he didn’t quite understand what he was getting himself into nor how it would change his life.

Back in his home country of Venezuela, the struggling computer science student signed up to manually process thousands of captchas at a time, and he received Bitcoin in return. Little by little, Eduardo became intrigued. He saw bitrapreneurs pop-up all around him as savvy hackers set up mining operations that took advantage of the country’s subsidized though irregular electricity. He started reading more, writing more, and pretty soon he became a recognized authority on…