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The world of cryptocurrencies, has benefited to dodge the exchange control maintained by the government of Venezuela, what does this mean ?, that Venezuelans do not have access to dollars / euros or any other currency, we can not open accounts in banks and do transactions in currencies other than local currency.
This brings a lot of disadvantage, because you can not save in another currency, and that the Venezuelan economy with absurd economic measures has destroyed the purchasing power.
Cryptocurrencies have served Venezuelans to save or be able to receive money from abroad.
Things as simple as obtaining economic freedom to a certain extent have helped us.
When you have a hyperinflation of 3000%, the cryptocurrencies are your best ally, the BTC is constantly going up, the local currency is not.
Having the opportunity to move the amount of money you want, save, and send and receive money is only possible with cryptocurrencies, give you all the freedoms and opportunities that you try to steal.
Justamente, estaba pensando en lo que las crisis hacen de los humanos, unos se desesperaron y se fueron y otrs estamos buscando la alternativa de sobrevivencia. Estoy comenzando en esto, apenas estoy aprendiendo y si no fuera por esta crisis a lo mejor ni le hubiese prestado atención y nos montaríamos en este tren cuando por la demanda sería mas difícil
Usando las criptos desde el 2014, era de los que le hablaba a la gente y me miraban raro... por suerte hay personas que están entrado a esto... sobrevivir adaptarse y vencer ;). Hay muchas cosas de las que ahora te cuentan que hace un par de años parecían imposible vivir de los juegos por ejemplo.
Hi, congrats on your entry to #coruscate-contest, and all the best for it. 🤞 I don't know too much about economics and finance, but this "hyperinflation of 3000%" sounds like a real bummer! I guess this means that a loaf of bread which costs me about $NZ3.00 here in New Zealand would cost you something like $NZ90.00 over there, huh?! That's crazy! I can see why crypto would be more popular than fiat, in such circumstances. If you'd like to see my entry to this competition, it is available here.