Post
Topic
Board Economics
Re: How did Bitcoin save Venezuela?
by
Corporatocracy
on 16/10/2017, 03:10:27 UTC
I once read a news, where most of the Venezuelans need to queue in front of supermarkets as early as 3 a.m, if they want to buy daily groceries in time!

For those that unable to buy them, they will just go to the dumpsters and look for rotten vegetables & foods...


Good point.

Supply of goods, which is tied to production and trade, is what determines the availability of them in the market at all.

Some, few, well positioned people, who can import the mining gear, could be taking advantage of the situation, but they would be the minority.