Bolivares
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The government thinks it is getting away with indexing state bonds at #Bolivares without injecting more #d贸lares into the exchange market...馃うAnyone who earns in dollars or in the stablecoin Tether currently receives a 33% discount in formal businesses of #Venezuela .
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The indexing of state bonds without the injection of its counterpart in #Dolares in the official market drove the price of #dolar to Bs.50.33. The president of this country claims that the economy is "Overheated," when in reality much more #Bolivares than dollars are circulating generated by the MONUMENTAL deficit that the government has.
One of the great values of #Bitcoin is that there will only be 21,000,000 BTC, and that made its price rise from US$0.1 to US$100,000 per coin in 14 years. If Maduro had formed a reserve in Bitcoin when he took power in 2013, the country would have sufficient profit to resolve its current fiscal deficit.
One of the great values of #Bitcoin is that there will only be 21,000,000 BTC, and that made its price rise from US$0.1 to US$100,000 per coin in 14 years. If Maduro had formed a reserve in Bitcoin when he took power in 2013, the country would have sufficient profit to resolve its current fiscal deficit.