Bitcoin tested in Venezuela, now 1 Bolivar is now equal to 1

Venezuela's Bolívar (VEF) now only takes one to catch the deepest ever in the struggling country of hyperinflation as the satoshi price.

Recent 'exchange rate' spread on the PLP trading platform list for local BitCannons on Thursday, reddit uploaded by members of the Eagle community.

Bitcoin prices in VEF, which use unofficial exchange rates, for a government-approved VEF, a fraction of $ 0.10 currently, around $ 104 million.

2000% + inflation
On Thursday, BTC made a similar equivalent to one VOF at an unpredictable rate of $ 4,250 - both of which were close to $ 0.00004.

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The Venezuelan population has to face increasingly unsound Hydrefflamline in 2017, at present, there has been a 2000 percent compound growth.

Since the government is burning at the end of its foreign currency reserve, the economy is becoming so unstable that the VEF options are being sought at any price.