We have been covering the economic crisis in Venezuela on many occasions on our DC Forecasts crypto news site – and the hyperinflation that has been staggering for many residents of the country.
The good news, however, is that Venezuelans have found a way out of the crisis – in Bitcoin. According to Coin Dance, more than 300 million Bolivars (Venezuela’s fiat currency) have been traded last week only – and the record could only be broken this week, knowing that more than 292 million Bolivars have already been traded.
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