Hello guys, simply posting this as it’s very associated to BTC!
*Hello guys,*
*Nothing a lot to see right here, 35 BTC had been traded right here measured solely LocalBitcoins. Month-to-month worth is round 120-140 BTC.*
*There are different exchanges like Binance (king), Reserve and AirTM (and plenty of extra), however they do not make public their stats. So I exploit LocalBitcoin as gauge.*
*Inflation over 140% since January. Which is sweet for us in contrast for what we had earlier than.*
*Sure, month-to-month minimal wage is below 14 USD. It is 130 Bs. (Bolivares) month-to-month and the change fee is 9.3 Bs per USD.*
*Large mining neighborhood right here as electrical energy is kinda free.*
[*https://www.reuters.com/technology/venezuelas-economy-regresses-crypto-fills-gaps-2021-06-22/*](https://www.reuters.com/know-how/venezuelas-economy-regresses-crypto-fills-gaps-2021-06-22/)
[*https://en.wikipedia.org/wiki/Hyperinflation_in_Venezuela*](https://en.wikipedia.org/wiki/Hyperinflation_in_Venezuela)
[*https://coin.dance/volume/localbitcoins/VED/BTC*](https://coin.dance/quantity/localbitcoins/VED/BTC)
[*https://coin.dance/volume/localbitcoins/VED*](https://coin.dance/quantity/localbitcoins/VED)
[*https://www.caracaschronicles.com/2020/10/23/you-need-285-minimum-wages-in-venezuela-to-feed-your-family/*](https://www.caracaschronicles.com/2020/10/23/you-need-285-minimum-wages-in-venezuela-to-feed-your-family/)
[*https://www.caracaschronicles.com/2022/04/21/is-venezuela-doing-better/*](https://www.caracaschronicles.com/2022/04/21/is-venezuela-doing-better/)
[*https://www.caracaschronicles.com/2022/04/20/the-bizarre-figures-of-venezuelas-economic-recovery/*](https://www.caracaschronicles.com/2022/04/20/the-bizarre-figures-of-venezuelas-economic-recovery/)
[*https://localbitcoins.com/country/VE*](https://localbitcoins.com/nation/VE)
[*https://www.bloomberg.com/features/2016-venezuela-cafe-con-leche-index/*](https://www.bloomberg.com/options/2016-venezuela-cafe-con-leche-index/)