Re:Diary of an African Cryptocurrency Miner
by dmichulke on Sunday November 05, 2017 @05:09AM
(#15628851)
> BTC is not helping much in Venezuela. basic goods are hyperinflated in both local currency, USD and BTC.
As long as imports are allowed (or at least there is a black market), importers should be willing to sell for at USD and BTC, so in theory USD and BTC are still better than local currency.
As long as imports are allowed (or at least there is a black market), importers should be willing to sell for at USD and BTC, so in theory USD and BTC are still better than local currency.