I think that Bitcoin is the savior for Venezuelans as they face hyperinflation.With hyperinflation reaching new levels, cryptocurrencies are really coming in handy for the residents of the South American nation. Data from LocalBitcoins shows Bitcoin is the savior for Venezuelans during these trying times.Venezuela has also been an ideal country for mining Bitcoin due to the availability of cheap electricity and this is an opportunity the residents have jumped at without second thoughts.