Venezuela weekly update: Minimum wage in Venezuela is 1.3 USD per month (1 USD less than last week). One USD is around 2,000,000 Bs. (Bolivares) (last week was 1,400,000 Bs.). Inflation is around 25,000%, living here!

Hi guys, I'm living here surviving and documenting everything (you can check my older posts).

LocalBitcoin traded 474 Bitcoin last week (which is 4,913,249,752,178 Bolivares)

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

https://www.forbes.com/sites/stevehanke/2018/05/31/venezuelas-inflation-breaches-25000/#475553106d57

Government wanted to shave off 3 zeroes this weekend but none was prepared as it was a rushed decision it was delayed two months. So we expect ridiculous prices with a lot of zeros next weeks.



Submitted June 02, 2018 at 06:32PM by WorkingLime https://ift.tt/2smrp4j

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