Venezuelans Turn to Bitcoin to Escape Financial Hardships

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Venezuela has been suffering from significant economic decline and turbulent markets. Many worldwide and residents of the region blame the country’s socialist government and centrally planned economic choices. Over the past few months, it’s been reported quite frequently that Venezuelan citizens have been finding financial relief by utilizing the decentralized cryptocurrency bitcoin.

Bitcoin.com decided to reach out to Jorge Farias from the bitcoin company Cryptobuyer.io and the consulting agency Coincox to confirm these stories. Farias details how economic hardships are affecting Venezuelan residents and lots of them are in fact utilizing bitcoin.

https://news.bitcoin.com/venezuelans-bi ... hardships/

[iFixBTCmemoryIssues]

Venezuela has been suffering from significant economic decline and turbulent markets. Many worldwide and residents of the region blame the country’s socialist government and centrally planned economic choices. Over the past few months, it’s been reported quite frequently that Venezuelan citizens have been finding financial relief by utilizing the decentralized cryptocurrency bitcoin.

Bitcoin.com decided to reach out to Jorge Farias from the bitcoin company Cryptobuyer.io and the consulting agency Coincox to confirm these stories. Farias details how economic hardships are affecting Venezuelan residents and lots of them are in fact utilizing bitcoin.

https://news.bitcoin.com/venezuelans-bi ... hardships/

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