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Exactly that. Most of the "bargain rates" usd comes from small transactions of people sending USD to their family in Venezuela and are not up to date with pric
by firekvz 9y ago
Exactly that.
Most of the "bargain rates" usd comes from small transactions of people sending USD to their family in Venezuela and are not up to date with pricing or inflation.
You can see people still selling USD at 210,000 VEF while bitcoin usd is almost hitting 400,000 today.
Others just buy alot of merchandise of any kind in VEF (stock it few months) and sell it at big prices later.