Post
Topic
Board Economics
Re: Enjoy comunism: Venezuela raises monthly minimum wage to $2.40
by
Poker Player
on 15/05/2021, 04:06:32 UTC
...

Are you from Venezuela @verita1? You seem to at least know well the country.

Thank you Poker Player for giving me 1 Merit. I wanted to make a quote to The Pharmacist and I couldn't.

I must also thank you for the interest in creating a thread about my country.
In relation to the Venezuelan minimum wage, each year on May 1st it is customary to hear about an increase.
I can only tell you that among families we collaborate to cover the expenses of those who need the most.

A look at how the Venezuelan approaches dollarization can be checked here:

https://www.reuters.com/world/americas/maduro-seeks-speed-up-digital-payments-venezuela-runs-out-cash-2021-03-15/

Another thing @The Pharmacist was asking was whether there has been an adoption of cryptos in Venezuela. I remember seeing news that said yes, but I would like to hear about your experience. Also, I guess what you earn from the signature campaign will help quite a bit. I have checked the campaign spreadsheet and I see that you will be earning about $20-25 per week, which is not much but I imagine that in Venezuela it is a blessing.