Hi guys,

Updating the numbers, the last week we were under 400 BTC first time in a long time. This week the volume recovered, so we are still at around 2,000 BTC monthly.

This is only measured using LocalBitcoin, there are other exchanges like AIRTM, Uphold, Binance and so on, but no open data). Most of the Localbitcoin trades are in Bolivares.

I recommend reading this website, it is one of the best english websites for Venezuela news (they sometimes touch the crypto and economic situation).

https://www.caracaschronicles.com/

Yesterday a survey by a serious NGO was released sadly it is only in Spanish (it is called Encovi) they concluded the average income of the Venezuela is 0.72 USD daily.

https://translate.google.com/translate?hl=es&sl=es&tl=en&u=https%3A%2F%2Fprodavinci.com%2Fencovi-2019-2020-que-nos-dice-esta-radiografia-sobre-la-calidad-de-vida-de-los-venezolanos%2F

Any question let me know, AMA. But check my links and sources first.

Sources:

https://orinocotribune.com/comprehensive-minimum-wage-increase-by-78-in-venezuela/

https://www.npr.org/sections/goatsandsoda/2019/09/06/757822363/a-doctor-or-nurse-might-earn-6-a-month-in-venezuela-if-theyre-lucky

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

LBTC listings https://localbitcoins.com/buy-bitcoins-online/ves/

submitted by /u/WorkingLime
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