USDT VENEZUELA WHY DO THE PROBLEMS CONTINUE?
The P2P market issue in the Venezuelan community continues to spark discussion, and I have even noticed strong debates in the comments of the posts.
Some accuse speculation, others money laundering, and some even think (it's Binance's fault), and there are beliefs that the recent tension between the USA and Venezuela is one of the causes.
For some, it is simply supply and demand, and that is the reality of the country.
✅ There is a key point to consider: there is a great demand and urgency among Venezuelans to get out of the Bs. Every payday and every weekend (which tend to be payment days for the vast majority), there is an urgency to get out of the Bs. This could cause price changes due to the large number of people buying and few selling (this is one of the possible causes of the constant fluctuations in the price of USDT).
Panic 😱, anger, and sadness have arisen due to the loss of purchasing power, but the truth is that buying USDT currently is one of the best ways to protect your capital.
Whether you are an employee, entrepreneur, or independent trader, having USDT in your Binance account prevents your money from losing value like the Bolívares do, and you have the opportunity to invest in #Btc #Eth or the cryptocurrency of your interest, in the spot market, or simply lock them and receive small daily commissions.
When do you think the situation will stabilize?
What will be the root of the problem? I read you in the comments
