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That's all great sounding in theory, but how exactly would someone in Venezuela go about acquiring bitcoin?
by justinfrankel 9y ago
That's all great sounding in theory, but how exactly would someone in Venezuela go about acquiring bitcoin?
- quantdev 9y agolocalbitcoins They trade it person-to-person. Sure, it's hard and maybe risky, but it's also risky to keep your wealth in Bolivars when inflation is double or triple-digit percentages. "Some use bitcoins to buy Amazon gift cards, then order goods and food on the online store in the US and other countries, which can then be delivered by courier to Venezuela – where supermarket shelves are frequently empty."[1] [1]https://www.theguardian.com/technology/2016/dec/16/venezuela-bitcoin-economy-digital-currency-bolivars https://www.theguardian.com/technology/2016/dec/16/venezuela...