A Plan to Send Millions in Bitcoin to Venezuela Is Moving Ahead

That's because he needs others to help him with his mission - getting bitcoin in the hands of Venezuelan citizens by way of a massive mobile airdrop.

Still, Wheeler is set on ditching efforts to try and help the country by way of political change.

Still, cryptocurrency communities, including zcash and dash, have long been trying to help Venezuela in some way.

The Pale Blue Foundation is in discussions with a number of bitcoin companies to help them with their goal, including OpenBazaar and LocalBitcoins.

Of all the blockchains out there, they chose bitcoin because they believe it has the best ability to be widely available and handle the most transactions.

"We're focused on bitcoin because we think it's the most viable solution with the most worldwide potential," Wheeler said.

To the duo, that's especially true now that bitcoin has the lightning network - a layer-two technology expected to help the cryptocurrency scale by pushing transactions off-chain.

Plus is brainstorming with the Venezuelans on the Pale Blue Foundation team, Wheeler realized one of the major pain points to bitcoin adoption among those citizens is that it's generally so difficult to use.

"People don't have a leisurely weekend to learn how to use bitcoin," Wheeler said.

Wheeler's original pitch, presented at the BitDev meetup in New York City in February, was to raise millions of dollars from venture capitalists.