Venezuelans Use Bitcoin as Gateway to Buy Foreign Fiat – Research

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Venezuelans Use Bitcoin as Gateway to Buy Foreign Fiat – Research

Bitcoin (BTC) continues to boom in Venezuela – but only because it is helping citizens buy hard-to-purchase foreign fiats, says an industry observer.
As previously reported, trading volumes on peer-to-peer (P2P) platform LocalBitcoins have spiked again in recent weeks.
In a report from the Open Money Initiative, author Matt Ahlborg wrote,
“For a long time, the bitcoin  Read more »
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