In Quest for Digital Gold: Despite the rise and fall of various alt coins and fork considerations, ‘time’ works FOR bitcoin, not AGAINST it. Every day it doesn’t disappear, it gets one step closer to a permanent status of digital gold.

In Quest for Digital Gold: Despite the rise and fall of various alt coins and fork considerations, 'time' works FOR bitcoin, not AGAINST it. Every day it doesn't disappear, it gets one step closer to a permanent status of digital gold. submitted by /u/BashCo
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Bitcoin – The Currency of the Internet

Last week 1,190 BTC (all time high) were traded using localbitcoins in Venezuela. One BTC is around 1,900,000 BsS (all time high too). Montly minimum was increased from around 5 USD (1800 BsS.) to 12 USD (4500 BsS.). Inflation in the last three months was 400,000%.

Hi guys, monthly update. I'm Venezuelan living here, each day needing more money to survive. It's incredible how inflation is reaching even "hard" currency like USD or EUROS.

https://www.bloomberg.com/features/2016-venezuela-cafe-con-leche-index/

http://dolarbeta.com/

https://coin.dance/volume/localbitcoins/VES/BTC

AMA

BTW: Maduro "ordered" to change the value of the petro v2 (Venezuelan "crypto") from around 3,600 BsS. to 9,000 BsS.

http://mppre.gob.ve/en/2018/11/29/president-nicolas-maduro-salary-increase-petro/

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