Hi guys, I have been around here for years. Crypto enthusiast living in Venezuela.
Last year I paid directly at the supermarket a purchase of around 34 USD using BTC, at that time it was 0.00124813 BTC, now it would be over 90 USD! Living in Venezuela I'm used to the currency losing value and changing so this doesn't surprise me.
I might be popular years from now, but yeah, anyway I was going to sell these BTC to pay the purchase so it was the same, these BTC were never meant to hold them.
Exchange rate was at that time 24 Bs. (Bolivares, national currency), today it sits at 37 Bs. So 55% more.
Bolivar lost 55% of its value while BTC gained 160% in the same time frame.
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