Venezuela update: 622 BTC were traded using LocalBitcoin last week which equals to Bs. (Bolivares) 17,497,412,331,205. Inflation was 125% last month. One USD is around 5,900,000 Bs. Minimum wage is 0.88 USD per month. Next week 5 zeros will be knocked from the currency.

Hi guys, living here. AMA. Situation has gone worse since my last update.

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

https://www.msn.com/en-gb/news/other/venezuela-to-knock-5-zeros-off-its-currency-to-help-with-inflation/vi-BBL6aIE

https://www.reuters.com/article/us-venezuela-economy/venezuelas-annual-inflation-hits-82766-percent-in-july-congress-idUSKBN1KR1PT

You can read more and how the prices have increased checking my post history.

I survive doing tasks in internet, with my work and also I have received some donations. I also help friends and my family.

I change from crypto using friends abroad and also using AirTM. I need to get Bolivares because legally it is the only currency accepted here.



Submitted August 12, 2018 at 08:05PM by WorkingLime https://ift.tt/2P1oV53

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