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2019-07-23 14:00:21

Bitcoin trading in Venezuela sees record growth amidst economic crises

Bitcoin trading volume in Venezuela has seen a record high owing to the recent economic instability in the country. But well as the saying goes, “one man’s misfortune is another man’s opportunity”. That saying goes fits perfectly for Venezuelan Bolivars depreciating in value while they get shipped off to foreign destinations in the form of Bitcoins (BTC). BTC has caught itself quite a catch in the for of Bolivars to fatten itself up while the Venezuelan currency is not in good shape whatsoever. Trading in more bolivars than the Bitcoins they could have possibly bargained for, Venezuela is going through