Venezuela. Weekly around 500 BTC are traded using LocalBitcoin, from Bs. (Venezuela "offical" currency) to BTC and from BTC to Bs. Last week it was 447 BTC. One BTC is 3,400,000,000 Bs. Monthly minimum wage is around 2.5 USD.

I'm Venezuelan living here.Just updating the Venezuela situation. Usually I post in another subreddit but wanted to post here so it reaches more people too.Monthly minimum wage is 800,000 Bs. (that includes food bonus) one USD is around 300,000 Bs. So do your math.The traded amount is measured only using LocalBitcoin (public data), there are other exhanges too. Uphold, Airtm and so on. Also there are places where you can pay directly with Crypto (Traki store being the biggest one, it is like a Sears).Here are more stats https://ift.tt/2Dp2JAC recommend reading this website, it is one of the best english websites for Venezuela news (they sometimes touch the crypto and economic situation).https://ift.tt/2Do9rqq week by a serious NGO released a survey (it is called Encovi) they concluded the average income of the Venezuela is 0.72 USD daily.https://ift.tt/30jpEWM have been posting these updates for years now! I have made some really good friends here and have received a lot of help and work (translation, doing task, so on)Any question let me know, AMA. But check my links and sources first.Sources:https://ift.tt/2W58SYh listings https://ift.tt/3aHmjmB

Submitted August 09, 2020 at 08:31PM