Venezuela UPDATE. 1 BTC is 47,000,000 Bs. Last week it was 38,500,000 Bs. Monthly minimum wage is around 11 USD. 1,185 BTC were traded last week (up from 1,158).

Hi guys, as you know I'm a Venezuelan living here. The price increase in hard currency has been crazy these last months. It is really hard to survive here.

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

https://www.bloomberg.com/features/2016-venezuela-cafe-con-leche-index/

https://dolarsatoshi.com/

About the minimum wage

https://www.venezuelanews.net/news/260700087/the-president-of-venezuela-raises-the-minimum-wage

40.000 Bs. per month plus 25.000 Bs. as food bonus, total 65.000 Bs. Around 11 USD at street rate.

About US sanctions:

https://www.brookings.edu/wp-content/uploads/2019/05/impact-of-the-2017-sanctions-on-venezuela_final.pdf

AMA!

Submitted May 19, 2019 at 07:19PM by WorkingLime http://bit.ly/2VvqbiN