Venezuela update: Gov increased the minimum wage by 3,500% from 5,200,000 Bs. (Bolivares) to 180,000,000 Bs. per month, which equals to 0.5 Petro crypto which is around 30 usd/month. Localbitcoin traded last week 696 BTC for 20,985,173,010,202 Bs - Bitcoins

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Saturday, 18 August 2018

Venezuela update: Gov increased the minimum wage by 3,500% from 5,200,000 Bs. (Bolivares) to 180,000,000 Bs. per month, which equals to 0.5 Petro crypto which is around 30 usd/month. Localbitcoin traded last week 696 BTC for 20,985,173,010,202 Bs

Venezuela update: Gov increased the minimum wage by 3,500% from 5,200,000 Bs. (Bolivares) to 180,000,000 Bs. per month, which equals to 0.5 Petro crypto which is around 30 usd/month. Localbitcoin traded last week 696 BTC for 20,985,173,010,202 Bs
/u/WorkingLime

Hi guys, yesterday the goverment made this announcements, people dont knwo what to do. Streets are crazy today most stores are closed and people is looking what to buy and trying to spend everything they have.

On Monday 5 zeroes will be knocked off from the currency.

You can see my post history I'm surviving here, I believe in crypto.. I have shipped some Venezuelan bills as souvenirs and people have donated me, which I really appreciate .

Things will be crazy this week!!

https://www.bloomberg.com/news/articles/2018-08-18/venezuela-hikes-salaries-in-95-devaluation-amid-hyperinflation

submitted by /u/WorkingLime
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