$BTC Venezuela is going through what is called a "perfect storm", which highlights the key role of Bitcoin in the country. The economic crisis, hyperinflation and sanctions are intensifying the pressure on the economy, forcing citizens to look for alternatives to traditional currencies. In this context, Bitcoin is becoming a popular way to preserve capital and circumvent financial restrictions.
It seems that in Venezuela, Bitcoin has become more than just a cryptocurrency, but a kind of "lifeline" 😅