Venezuela is a parallel reality, there is a huge group of people who depend on a subsidized box of food per month with poor quality products with little access to education, health and services such as electricity with constant cuts, dream internet speed is 10Mb and A breakdown can take you years to fix.
there is another reality of another group where people are really millionaires, with mansions in exclusive places where the services are first world, first world hospitals, luxuries and fiber optic internet, for that group venezuela is a paradise with tax rates almost nil.
I am in the middle of both groups, closer to poverty, this group is the majority of Venezuelans, we live from day to day and it is really difficult to save and in most cases impossible if you do not have a means of generating money in $, I feel lucky with what I have, and my savings in bitcoin have me close to fulfilling my life goal, which is to buy a house for my wife and my son because we live in a 3x3 room in his parents' house, I calculate 1 year to meet my goal, I work repairing computers at home, I also install security systems for companies and do technical support services.
I am not telling this with the intention of being sad, I am only telling it to give context to my experience.
Venezuela general vision, when I say that Venezuela is a parallel reality, I am not lying. Venezuela is the country with the largest oil reserves in the world and rich in minerals, however there are problems with fuel, here the oil industry is bankrupt, the machinery to process crude oil is damaged or unusable, there are subsidized gas stations where They can take days to load fuel and others at international prices that not everyone can afford, so they are always available to those in "high society".
the minimum salary was increased to $29 per month.
there is a cryptocurrency called PETRO backed by the country's reserves, 1 Petro is currently equivalent to approximately $60, it is not reliable at all because the current government likes to appropriate the wealth of those who do not like them.
Bitcoin mining farms exist on many military installations.
Although our currency is the "Bolivar", everything is traded in $ and cryptos are used in many stores.
here having 1 btc is a reason to keep it top secret, they can kidnap you, or corrupt police officers extort or incriminate you with the promise that you give them money in exchange for your freedom
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