Post
Topic
Board Speculation
Re: The weekly trading volume of bitcoin in Venezuela reached $ 55 million.
by
dado7
on 18/04/2018, 12:57:03 UTC
Venezuela's economy has collapsed, and their fiat money is worthless.

Local residents pay through BTC to meet daily life needs!

Many BTC minerals are also in venezuela!

Although I am very supportive of Bitcoin, it is rough when you have to accept something so volatile simply because you don't have other means.
However, it is a good thing that people found something they can at least remotely rely on. A few years back it was not possible (just consider what Vietnamese people had gone through for instance).