Petroit on Nostr: You get 2 different prices in Venezuela depending whether you pay cash or digital. ...
You get 2 different prices in Venezuela depending whether you pay cash or digital.
Currency is so worthless there, it is smuggled in large quantities to Colombia, where it is bleached and used to "print" dollars over it. Cash is therefore more valuable as the paper it is printed on is still high quality and you can smuggle it for counterfeiting purposes...
#bitcoin fixes this...
Published at
2023-12-16 17:31:00Event JSON
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"content": "You get 2 different prices in Venezuela depending whether you pay cash or digital.\n\nCurrency is so worthless there, it is smuggled in large quantities to Colombia, where it is bleached and used to \"print\" dollars over it. Cash is therefore more valuable as the paper it is printed on is still high quality and you can smuggle it for counterfeiting purposes...\n\n#bitcoin fixes this...\n\nhttps://image.nostr.build/8f7ad0dcc006d3c4421fddbd44891e275e7a52fc0a0c4760975f527ea5b9baed.jpg#m=image%2Fjpeg\u0026dim=1920x1440\u0026blurhash=%23DI%7DbP%7EoIpxuIAo%23Ioj%5BRm00M%7EM_s.M%7BjsWAR*WB00NHnNWVtQV%40slf5oz4TIV%25hRPxua%7Bxvj%5Bs%3BD%25n%24t8WUxuofoLt7j%5Bt7Wrn%24ofoJoLWBt7V%40ozxuj%5BaKWBWBWBWBWC\u0026x=342193a07345f69bc1b521b4c1a82d349137d32bed321542f00159c6144a8ed5",
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