Post
Topic
Board Economics
Re: Why are Venezuelan not switching to Bitcoin?
by
tyz
on 07/05/2016, 12:59:49 UTC
I was not talking about to buy groceries or gas with Bitcoin, rather I was talking about to keep the value of the money people own. They do not need to exchange all money into Bitcoin or alternatives but only a part they do not need urgently. I know Venezuela is a not a rich country, although it has the most known raw oil resources, but there is also a considerable middle class (compared to other Latin American countries) with savings.

Because you can't buy your groceries and gas with buttcoin