Yeah well, what do you think has been happening in slow motion in the US and other countries over the past century or more?  Prices rise, wages rise in step (sometimes).  Workers in 1906 could buy a meal at a restaurant for $0.25 but some made about $1/day.  And look at today's prices and wages in the average American city.  Anyway, it's sad to see Venezuela getting hit this hard.  The thing I'm wondering is whether Venezuelans are actually using that shitty currency or are using something more stable (like the USD or some other relatively local currency).  I can't imagine anyone there would want to save money in the form of a currency that's hyperinflating.  They'd either spend it as soon as they get it or trade it for dollars (or crypto even).

Any Venezuelans here who could shed some light as to what the reality is there?  I've asked that before in a couple of other threads about Venezuela, but I don't think I ever got any replies.  Has there been an increase in crypto adoption as has been claimed on a bunch of Youtube videos or is that just BS?