3 ms·
Buying Bitcoin would only be useful in this case if you intended to flee the country, to get around the currency export limits. Buying them as a store of wealt
by chiph 9y ago
Buying Bitcoin would only be useful in this case if you intended to flee the country, to get around the currency export limits.
Buying them as a store of wealth would only be useful back when the Bolivar was worth something - as it stands, the black market exchange rate is several times the most generous official exchange rate (there are 3 official exchange rates for some reason). So buying BTC now would only make sense if the government currency had any further to fall.