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by rhino369 3282 days ago
Is there actually a healthy bitcoin economy in the meatspace of Venezuela. Can you trade it for things? Can you buy milk with it? If not, it's really not much of a currency.

If you are just looking to hedge against inflation, you can convert to any other currency or asset just as easily, if not more easily. I assume you can buy gold ETFs in Venezuela.

1 comments

You will certainly get much farther there with Brazilian Reals or Peruvian Pesos.