Ledn exists because a co-founder watched a currency come apart in real time.
@cryptonomista left Venezuela in 2003, having seen the early tremors of a collapse that would eventually wipe out savings across the country. He started Ledn in 2018.
Bitcoin was the straightforward part. A currency nobody can print more of solves the exact problem he'd lived through. The rest came from watching people take an institution's word for where their money was and lose it anyway.