Bitcoin Trading Activity Goes Ballistic in Venezuela as Rule of Law Erodes

2019-7-9 21:07

The worse the political, social, and economic conditions in Venezuela get, the more that residents suffering under the Maduro regime pile into Bitcoin. According to Coin Dance, more than 47 billion Venezuela bolivars were traded against Bitcoin in the first week of July.

This broke a previous record that had been set in mid-June. While […]

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venezuela bitcoin trading activity ballistic erodes law

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Mauricio Di Bartolomeo: Venezuela’s economic instability fuels Bitcoin and stablecoin adoption, skepticism around $60 billion Bitcoin stash, and corruption hampers national reserves | Unchained

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2026-1-22 21:22


Sudden Spike In Bitcoin’s Volume on LocalBitcoins in Venezuela is the Highest Ever

In last week alone, Venezuela has seen a sudden spike in bitcoin volume with an astounding $7 million worth of Bitcoin traded on LocalBitcoins. Trump and major U.S. allies have sought to unseat Venezuela’s authoritarian socialist president, Nicolas Maduro, and replace him with Juan Guaido, the leader of the country’s political opposition. “It could be […]

2019-2-3 22:43