let me educate you on a little thing called: WE LIVE IN A DICTATORSHIP
What are you even talking about? Using crypto would have solved absolutely nothing because:
A- Ports are owned by the state, any influx of anything bigger than a standard box WILL be confiscated (unless you or the courier service you use happen to know the people inside the port and have a way of saving your package from theft). So even if we could purchase things outside, Maduro’s regime will just be like “Kikiriki this shit belongs to me”.
B- People can’t adopt using crypto for common uses because it requires a lot of technical devices that are outside the reach of the majority of people here (yes, your shitty smartphone is better than what people can afford here).
C- it is too volatile, adding that to the already crazy inflation in Venezuela would make things worse.
Also, in case your ass can’t understand Spanish for the news article I linked: Even if you try to mine/use crypto, the Maduro regime will just track you down and put you in jail just because they can, hell even using US Dollars was punishable with jail time, and in here that is a death sentence (think, Cell block 99 from that movie, and that is the nice part of Venezuelan prisons).
Yep. I mean, people are speculating that Bitcoin will have more and more practical value for ordinary citizens in the future. Sounds like they are getting that speculation correct.
The BBC is such a disgusting sham.