You are viewing a single comment's thread from:

RE: The Hard Truth about Steem

in #steempress6 years ago

Here in Venezuela with the problems of inflation and unemployment that we are living, steemit has turned out to be an excellent help to pay expenses, here 1 Steem is equivalent to approximately 3 million Bolivares, which is our local currency. It could be said that with two SBDs already we will have earned a minimum wage here in Venezuela.

Sort:  

oh my ! i'm pretty lost for words. is it easy to cash out the SBDs in Venezuela ? which are the main communities who supports Venezuela authors ?

Yes, there are several pages of change as it is @orinoco and it is really very easy to change the SBD to our local currency, the main communities that support us in Venezuela could say that they are @cervantes, @provenezuela, @theunion, among many others

So I can understand the conversion rate better, what does a gallon of gas cost you there?

  • Venezuela gas is sold in stations branded Valero here in the US.
    • It's around $2.60 USD around where I live.

Well here in Venezuela the gasoline is subsidized, it costs 0.097 Bolivares the gallon. Let's say 10,000 times cheaper a liter of gasoline than a liter of water. are those incomprehensible things that happen in socialist governments.

Wow That's bizarre!

Coin Marketplace

STEEM 0.19
TRX 0.12
JST 0.027
BTC 64886.88
ETH 3516.64
USDT 1.00
SBD 2.37