Two years ago I paid directly using BTC in the supermarket here in Venezuela!
1 min read
Hi guys, I’m Venezuelan living here. Crypto enthusiast.
A little more than 2 years ago I paid directly in the supermarket with BTC, the transaction stays in the blockchain as a legacy (for sure I won’t be the pizza guy but yeah..)
At that time it was 0.00124813 BTC, around 34 USD at that time. Now it would be about 130 USD!
In Bolivares it was 725 Bs. (Bolivares), now 34 USD are 3,400 Bs. and 130 USD are 13,000 Bs. (see how inflation works).
This was the screen shown in the cashier computer
What do you think?
Sadly situation in Venezuela is not good, as you can see BTC went 4x during that time but Bolivares lost almost 5x its purchasing power. More than 500% inflation in two years (at least in Bolivares).
submitted by /u/WorkingLime
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