Cryptocurrencies, Alternative to the Venezuelan Crisis.

in #bitcoin6 years ago

In recent times it has been sent through the Little Venice has been hit by a hyperinflationary process, due to the bad measures taken by the government, the destruction of the law and the blockades of the funds of the nation, affecting this all social classes of the population of this country, with an estimated daily inflation rate of 3% and an annual rate of 1,000,000%; the difficulty and acquiring international currencies adds one more factor, wich complicates the intention to save in this nation. Faced with this difficult situation, the cash box and the new economic measures taken by the government can be used, wich restrict and control the use of the failed economy.

In spite of the great economic crisis that the south American nation is going through, it is in the third place, among the nations that trade within the localbitcoins.com portal, in the month of August in Venezuela 2,523 BTC were commercialized, being surpassed by the US with 3,828 BTC and Russia with 8,137 BTC; giving to demonstrate the intension of the people in saving the value of their money despite the financial difficulties.

On the other hand, the various organizations behind the Dash cryptocurrency ( Dash Venezuela, Dash Caracas , Dash Maracay) have been carrying out education work for the population in general, focusing on the daily use of this technology to make payments for goods and services, counting with a portfolio of more than 1000 merchants, wich accepts this currency as a form of payment, thanks to their speed and low rates.

With the familiarization of the population about this topic , a faster adaptation will be observed, due to the diverse kindnesses that these offer, due to its characteristic of being decentralized, helping to escape from the controls imposed by the governmental entities, besides keep the value and be immune to the inflation currently suffered by the national currency.ven_1024x1024.png

Sort:  

Good article ! subscribed to you and I hope for a mutual subscription

Coin Marketplace

STEEM 0.20
TRX 0.19
JST 0.034
BTC 90127.90
ETH 3069.48
USDT 1.00
SBD 2.94