Bitcoin Trading in Venezuela Intensifies, Bolivar Still Down and Devalued

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A Bloomberg article pointed out June 15 that Bitcoin trading volume has jumped to 1.3 million this past week in Venezuela. There seems to be ever-increasing excitement about cryptocurrency in the country. 

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In many places, people are hesitant and skeptical about digital currencies because of possible violent market fluctuations, questionable legality, or concerns about utility. In Venezuela however, no one cannot afford the luxury of being concerned. The price fluctuation is negligible compared to the devalued Bolivar. This has become so apparent that in recent months bitcoin trading has skyrocketed, with last week reaching all time highs according to coin.dance charts.Bitcoin Trading in Venezuela Intensifies, Bolivar Still Down and Devalued

Bitcoin Trading in Venezuela<p><br><a href=Read more ... source: TheBitcoinNews

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