Cryptocurrencies are supposedly popular among Venezuelans, although I wonder what the advantage is of using them versus any fiat that isn't the bolivar. Anyway

Cryptocurrencies are supposedly popular among Venezuelans, although I wonder what the advantage is of using them versus any fiat that isn't the bolivar. Anyway, seems easier for them to obtain crypto than getting a commodities account and buying gold, since presumably one would have to deal with KYC/AML in that case, and one can continue to use crypto as a currency within the country (though I doubt Bitcoin, since the transaction fees probably amount to more than a typical Venezuelan earns in a month).