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In Venezuela, the strict state control over the money and financial markets makes it almost impossible currency exchange population or carrying out the usual online shopping. To overcome these difficulties, Venezuelans began to turn to cryptocurrency Bitcoin not only for practical reasons, but also to demonstrate their dissatisfaction with the system.

Many experts have repeatedly discussed the prospects of digital currency in Latin America. The index of market potential, developed CoinDesk, shows that among the 10 countries with the highest potential for mass adoption of Bitcoin, three are in Latin America: Argentina, Venezuela and Nicaragua. According to experts, this fact can be explained by the high volatility of the national currency in the region, as well as severe restrictions on the movement of capital and the excessive cost of remittances.

Thus, many Venezuelans believe that Bitcoin will help them overcome the economic constraints in the country.

Strict monetary and financial restrictions imposed by the previous president even Hugo Chavez, or oblige citizens to submit a request to the state authorities for the purchase of foreign currencies, or are forced to apply to the black market.

In such circumstances, market development cryptocurrency happens very rapidly. Already this week, begins its work first Bitcoin-exchange in Venezuela SurBitcoin. Users can already register on the platform.

Best regards, David, who use bitcoins for making payment on this site.