Venezuela Update: Exchange rate is around 950,000 Bolivares (Bs) per USD (50,000 Bs. more). LocalBitcoin traded 484 (49 more) BTC last week. Minimum wage is now around 2,7 USD / month (0,3 USD less)

https://coin.dance/volume/localbitcoins/VEF/BTC

This week inflation stopped a little, in my calculations it was around 20-25% (last week was more than 100%). Yes, here if you ask for a price and the increase was "only" 20% you said, wow what a steal!!! Give me two... lol

Without asking I got some donations, I have spend some of them buying food (mostly canned), will pay my GF a english course and will use a part to pay it forward. Want to say thanks! I was even interviewed by a podcaster (will post the podcast as soon as it's done editing)

See old post

https://np.reddit.com/r/Bitcoin/comments/8j0tv2/venezuela_update_exchange_rate_is_around_900000/

PD: After posting I checked one online exchange (AirTM) and the are using this trade: 1 USD = 1,104,000 Bs. So i was wrong about 950,000



Submitted May 19, 2018 at 05:20PM by WorkingLime https://ift.tt/2Ld12FO

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