Post
Topic
Board Economics
Re: Venezuela Is Now More Than 50% Dollarized, Study Finds
by
Febo
on 21/01/2020, 17:47:00 UTC
A year ago, some of us were hoping that Venezuelans would have adopted bitcoin as their currency (or an alt). But the rolling electricity blackouts not only mean you can't use credit cards, but you can't use cryptocurrency. So they've gone with old fashioned US dollars in cash.


There will be new Venezuela's in the future. As they were in past. If Bitcoin is not ready now for Venezuela it will be ready then. What is happening n Venezuela now will for sure help for Bitcoin to get ready faster.