Bolivar

$BTC $XRP $BNB #Bolivar #P2P P2P Venezuela, although it is a very significant measure to preserve your savings, we can say that in Venezuela lately the price has increased quite a bit in relation to the national currency or Official Dollar marker. I do not want to be a spoilsport, but USDT is paid with Bolivars and the structure to pay those Bolivars are national Banks, and although it is not a currency, it is a crypto that is anchored to the Dollar. Be careful because they can prohibit the use of P2P in Venezuela; we would all lose anyway. Let's be more aware in just one reflection: an opinion from $128 official to $187 $190, the difference is considerable. Let's hope this comes at a good price for sellers and buyers.

The official price of #dólar marked a new milestone yesterday at Bs.48.11 and has accumulated a depreciation of 30% since October. The BCV has sold US$1.263 billion to the national banking system between October and the first week of the current month. Meanwhile, the government says that everything is wonderful, and the budget for 2025 for the nation has already depreciated...😅 #Venezuela #Bolivar

The BCV does not have the financial muscle to stop the current bull run in the unofficial dollar market, it only has to match or exceed the current rate in that market. If the BCV does not adjust the official rate, the stampede will be worse and we could see a #dolar in Bs.60 or more. The private sector will not finance the government deficit. #Venezuela #Bolivar