Venezuela weekly update: Minimum wage in Venezuela is 1.3 USD per month (1 USD less than last week). One USD is around 2,000,000 Bs. (Bolivares) (last week was 1,400,000 Bs.). Inflation is around 25,000%, living here!

Hi guys, I'm living here surviving and documenting everything (you can check my older posts).

LocalBitcoin traded 474 Bitcoin last week (which is 4,913,249,752,178 Bolivares)

Government wanted to shave off 3 zeroes this weekend but none was prepared as it was a rushed decision it was delayed two months. So we expect ridiculous prices with a lot of zeros next weeks.

submitted by /u/WorkingLime
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Bitcoin – The Currency of the Internet

Experts Predict Bitcoin Price to Reach $25000 by 2018, $250000 by 2022

The bitcoin price crossed the $ 8,000 mark earlier this week, supported by a massive spike in buy volumes across all major cryptocurrency exchanges. Analysts explained that a sudden surge in demand from institutional investors and inflow of new capital may have triggered the surge in the bitcoin price.
Google Alert – bitcoin