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Bitcoin.com 2019-11-12 17:30:28

Venezuela Becomes ‘Dollarized’ as Citizens Seek Refuge in Alternative Solutions

Venezuela has been suffering from rapid inflation as the purchasing power of the sovereign bolivar has become near worthless. Over the last few weeks, Venezuelans have been dealing with blackouts throughout major cities, making credit card readers useless. Additionally, citizens are dependent on remittances from overseas and last month the country became ‘dollarized’ as more […]The post Venezuela Becomes ‘Dollarized’ as Citizens Seek Refuge in Alternative Solutions appeared first on Bitcoin News.

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