Bitcoin: The Techie’s Refuge from a Collapsing Bolivar
On any given month, Ricardo saves about half his income, never worrying about the triple-digit inflation all around him. He can buy anything he wants online from anywhere in the world, without a single CADIVI carpeta or worry about the government imposed “control de cambio” or “corralito”. He has zero government contacts, he doesn’t work for a foreign company, he isn’t paid in dollars. In fact, he works as a computer IT specialist at a midsize company. Yet he enjoys a level of economic freedom that is exceptional in Venezuela.
Interesting article about possibility of Bitcoin in Venezuela
http://www.caracaschronicles.com/2016/01/29/51012/
The poor in Venezuela don't have the cash to switch to bitcoin, it is too late for them as the bolivar has collapsed. Those who planned ahead and those who earn in dollars might benefit. With these situations, it is only those who foresaw what would happen and planned ahead who survive. Once the crisis has started, it is too late