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You can buy with dollars on the black market, bitcoin is trivialy exchangeable for dollars. You have to mine them, but power is heavialy subsidized...
by tomjen3 9y ago
You can buy with dollars on the black market, bitcoin is trivialy exchangeable for dollars. You have to mine them, but power is heavialy subsidized...
- raverbashing 9y agoYou can buy USD paper currency in Venezuela, how do you buy bitcoins with that? I'm not sure what's the story with credit cards there, but I assume the limits are strict.
- tomjen3 9y ago>David, 27, a computer scientist living in Maracay, imports basic staples to help feed his family. He purchases Amazon gift cards through the bitcoin-friendly website eGifter, and then channels his orders through a Miami-based courier service. http://www.aljazeera.com/indepth/features/2017/04/venezuelans-turned-bitcoin-mining-170415124105593.html http://www.aljazeera.com/indepth/features/2017/04/venezuelan... That is one way to get the money out. As the article points out, others keep the money in bitcoin (which would have net them a handsome profit lately), but presumably you could also get an overseas bank account denominated in dollars.