Ethereum is Rising in Popularity in Venezuela Along With Bitcoin

[BitcoinTraveler]

Amidst the development of a nationwide financial turmoil, the demand towards Ethereum and Bitcoin are rapidly rising in Venezuela.

In April, the Venezuelan government revealed that the 2016 inflation rate for the Venezuelan Bolivar recorded 274 percent. Yet, economists and experts revealed that the actual inflation rate of the Venezuelan Bolivar has been far higher, with reports suggesting that the inflation was as high as 800 percent...

Link:
https://cointelegraph.com/news/ethereum-is-rising-in-popularity-in-venezuela-along-with-bitcoin

[BitcoinTraveler]

I wonder when Coin Telegraph will do a story about Bolivar Coin. That Altcoin is based in Venezuela, and it has a pretty long track record.

You can see more about it here:

http://coinmarketcap.com/currencies/bolivarcoin/

[rogueknight]

I wouldn't trust the numbers the government are giving out about their current inflation situation.

[BitcoinTraveler]

I wouldn't trust the numbers the government are giving out about their current inflation situation.

I think what you say makes good sense. 

[mklost]

People trust more in crypto than terrible economy in that country