Hello, I wish to put up this right here too, as BTC is the primary coin!
Hello there, as I’ve been doing for years I am retaining observe of the crypto utilization right here in Venezuelan (“residing” right here).
Nothing new this week, 33 BTC (down from 35 BTC), round 120 BTC month-to-month.
Solely LocalBitcoins makes public its stats. The entire quantity stays unknown, many of the commerce is completed in Binance (p2p), Reserve, AirTM amongst others.
Sure, MONTHLY minimal wage is round 13 USD. 130 Bs. and trade charge is 1 USD = 10 Bs. Common wage is round 100-200 USD.
Individuals use crypto to ship remittances, save and trade the revenue from mining (as electrical energy is free right here).
https://www.reuters.com/know-how/venezuelas-economy-regresses-crypto-fills-gaps-2021-06-22/
https://en.wikipedia.org/wiki/Hyperinflation_in_Venezuela
https://coin.dance/quantity/localbitcoins/VED/BTC
https://coin.dance/quantity/localbitcoins/VED
https://www.caracaschronicles.com/2022/04/21/is-venezuela-doing-better/
https://www.caracaschronicles.com/2022/04/20/the-bizarre-figures-of-venezuelas-economic-recovery/
https://localbitcoins.com/nation/VE
https://www.bloomberg.com/options/2016-venezuela-cafe-con-leche-index/