Why are Venezuelans seeking refuge in crypto-currencies?
Matt Aaron, who works for Bitcoin.com, the Bitcoin news and trading platform, in Venezuela, says: "We pay our team members in Caracas in Bitcoin Cash. Transactions are instant and cost less than a cent to make."
Interesting article about how and why people are using bitcoin and other cryptos in Venezuela. I would have liked the author to ask whether or not those people plan on going back to the national currency if/when there's change for the better. I would think not, but I'd love to know what they're thinking....
Read the full story here...
https://www.bbc.com/news/business-47553048
Bitcoin is around $4050 right now, holding above the $4000 level nicely...
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