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Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ... by LyndsySimon on Friday March 10, 2017 @07:09PM (#13843258)
I sent someone in Venezuela about USD 40 in Bitcoin in October or November. They were able to convert half of it into more local currency (Bolivares?) than they made in a month at their full-time job.

He said physical US currency was at a huge premium in the country because there wasn't nearly enough of it to go around, and the official exchange rate was clown shoes.

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