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RE: Bitcoin trading volumes continue to explode in Venezuela

in #bitcoin6 years ago

They probably have just enough to get by so they would park it all right, but probably in something more useful than bitcoin. Mind you, bitcoin may be useful tool to bypass any currency restrictions and to move value outside of Venezuela.

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If there isn't anything that needs to be spent that same day, parking it in something like bitcoin, even if only for a few weeks, would help preserve that purchasing power.