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People in Venezuela are actively trading lots of bitcoin every day, in person. You can see this in the LocalBitcoins data: https://coin.dance/volume/localbitcoi
by beaner 9y ago
People in Venezuela are actively trading lots of bitcoin every day, in person. You can see this in the LocalBitcoins data: https://coin.dance/volume/localbitcoins https://coin.dance/volume/localbitcoins
- rspeer 9y agoThis is a pretty misleading response. So, okay, some of the fortunate people who do have access to USD/EUR are trading it for Bitcoin on LocalBitcoins, not just storing it. But you're making it sound like this is a graph of ordinary Venezuelans trading their hard-earned bolivar into lucrative Bitcoin, which it almost certainly isn't.
- beaner 9y agoThe y-axis on the Venezuela chart is denominated in Bolivar. I assume it's Bolivar being traded. Why would you assume otherwise?