Your link doesn't mean much, as after all 66% of all transactions in Venezuela are USD denominated now per my link. The people of Venezuela had the choice: BTC

Your link doesn't mean much, as after all 66% of all transactions in Venezuela are USD denominated now per my link. The people of Venezuela had the choice: BTC or USD. They spoke, and they said USD. Likely only the wealthy laundering money, probably connected to the Maduro government are playing BTC. Only certain entities and individuals connected to the Maduro government are under sanctions, not everyone in Venezuela - which is why USD remittances are possible in the first place. Folks are using USD because Bitcoin is wildly inappropriate for use as a currency. [edit] Consider that at the time that article was written the average BTC transaction fee with multiple months minimum wage for the average Venezeulan.