The Venezuelan economy has faced a deep crisis for over a decade, and although many government officials blame the "parallel dollar" for inflation and the loss of purchasing power, this narrative ignores the real structural causes of economic deterioration.
The parallel dollar —that is, the unofficial exchange rate that arises in informal markets— is more a consequence than a cause. Its existence reflects the loss of confidence in the bolívar, the prolonged exchange controls, and the scarcity of foreign currency in the official market.
The true root of the problem lies in erroneous economic policies, such as:
1. Uncontrolled money issuance without backing: The Central Bank of Venezuela has financed the fiscal deficit by printing money, which has skyrocketed inflation, even reaching hyperinflationary levels.
2. Price and exchange controls: Instead of stabilizing the economy, these controls have distorted the market, generated scarcity, and stimulated black markets.
3. Expropriations and destruction of the productive apparatus: Massive state intervention in key sectors reduced national production, increased dependency on imports, and weakened the private sector.
4. Corruption and mismanagement of resources: Despite high oil revenues in previous years, there was no sustainable investment or diversification of the economy.
In summary, the parallel dollar is a symptom of distrust and a poorly managed economy. Blaming it is a way to evade responsibilities over economic decisions that have undermined the monetary and social stability of the country.
"Man is not ignorant for being poor, but rather poor for his ignorance"
I have been earning 1.800 $PEPE per day in #simpleearn , the issue is that every week I accumulate more than 10.000 #PEPE and I reuse that by converting it to #USDC or to send in the fund transfer program which gives me other currencies and well that investment I have has gradually taught me to cope with this up and down game and adding to the fact that today %Pepe has risen a bit it makes me happy to see the positive in this #memecoin🚀🚀🚀
I lost 10$ and I have been recovering with some orders but only 2$ 🤷 well I hope to recover more in the next hours I think it will be bullish up to 0.08
Engels01
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$GUN I just wanted to do a little scalping to go up :(
Don't just stand there, take advantage of this opportunity and invest today. The Games empire is unstoppable and will likely take its value to new levels, but it depends on us. Whether you like the world of gaming, NFTs, or simply investing in cryptos, here you go:
What is the GUN Token?
The GUN token is the native token of the GUNZ public chain, and GUNZ is a Layer 1 public chain based on the Avalanche Subnet, designed for the management and decentralized trading of gaming assets. As a AAA game developer, Gunzilla Games has launched the flagship game ‘Off The Grid’ (OTG), which is the first use case of the GUNZ ecosystem. The GUN token has multiple functions in this ecosystem, including trading rare items in the game marketplace, rewarding players for participating in missions and battles, and supporting the operation of the decentralized economic system.
The total supply of GUN is 10 billion, with only 6.05% initially in circulation. This low circulation design provides potential support for the initial price performance of the token. Players can earn GUN tokens by completing game tasks, looting valuable items, or participating in PvP battles, and use them to buy weapons, gear, or trade NFT assets in the marketplace. It is noteworthy that the GUNZ ecosystem emphasizes player choice, and participation in blockchain and NFT functions is completely optional, allowing users to continue playing ‘Off The Grid’ for free.
how can I increase my income? I welcome advice, criticism, tutorials, I appreciate your collaboration and your time for sharing your knowledge... #BinanceEarnings #nuevo
the time it takes no country in the world has the right to claim territory that does not belong to it I detest invaders and Russia did it once with Georgia enough already
Tajes
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🚨 JUST IN: Ukraine Rejects US Military Aid as Loans—What This Means! 🇺🇦🇺🇸
Ukrainian President Volodymyr Zelensky made it clear—Ukraine will not recognize US military aid as loans. This bold stance comes amid debates in Washington on how to structure future assistance. With the war against Russia still ongoing, Ukraine heavily relies on US support, but Zelensky insists that military aid should not come with attached financial conditions.
🔥 Why This Matters: The US has been a significant supplier of weapons and financial aid to Ukraine, but some lawmakers are pushing for these funds to be reimbursed. Zelensky argues that Ukraine is fighting a battle that benefits global security, not just its own interests. The decision could shape future US-Ukraine relations and influence how other nations support Kyiv.
🧐 What’s Next? With ongoing political changes in the US, including discussions on foreign aid policies, Ukraine's refusal to accept military support as loans adds a new layer of complexity. Will the US continue to support Ukraine unconditionally, or will new terms emerge? Share your thoughts below! Should military aid be a loan or a grant? ⬇️💬
$BNB (previously Binance Coin) is the native cryptocurrency of the Binance ecosystem, one of the largest cryptocurrency exchanges in the world. Its utility goes beyond simple transactions, encompassing various functions within the platform and its blockchain, BNB Chain.
Main functions of BNB:
* Transaction fees: * It is used to pay fees on the Binance exchange, often with discounts. * It is also used for gas fees on BNB Smart Chain. * Binance ecosystem: * Facilitates transactions on the Binance Smart Chain and is compatible with numerous decentralized applications (dApps), especially in the realm of decentralized finance (DeFi) and non-fungible tokens (NFT). * Participates in the governance of the BNB chain, granting voting rights to its holders. * Other uses: * It is accepted in various stores and services, both online and offline.
Future potential of BNB:
The future of BNB is closely tied to the development of the Binance ecosystem and the adoption of BNB Chain. Some factors that could influence its potential include:
* Expansion of BNB Chain: * The growth of dApps and DeFi projects on BNB Chain could increase the demand for BNB. * Innovation in the Binance ecosystem: * New products and services from Binance that utilize BNB could boost its value. * Mass adoption of cryptocurrencies: * A general increase in cryptocurrency adoption could benefit BNB due to its market position.
Important considerations:
* The cryptocurrency market is highly volatile, and the value of BNB can fluctuate significantly. * Government regulation and competition from other cryptocurrencies are factors to consider.
In summary, BNB is a cryptocurrency with a strong ecosystem and diverse utilities. Its future will depend on the evolution of Binance and the adoption of BNB Chain, as well as overall trends in the cryptocurrency market.
Why do people keep making futures? I don't understand that game. It's for big investors who are experts in the field. Don't lose your money. It's a real shame.
Jinwoo_311
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They liquidated my $17 which I invested in futures, this was a hard blow to my economy that although it may not be much for others, it is for me. I do not expect anything else from the #Cripto , I came with the hope of living off investments but I ran into a casino with total losses of $69 so far in this, not even with good technical analysis was I able to win.
you should research before buying 👀 🤔 this is the time to buy keep your coins in a safe and sell when it exceeds the investment price 😉 it could be in days, months, or years
Tu millonario
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$WLD 1273 I have been losing more than 100% since 4$
🚨 LIBRA SCANDAL: How a Single Post Cost Investors Over $$ 286 Million! 🚨 Argentine President Javier Milei promoted $LIBRA in a social media post. Within hours, the token soared — only to crash, wiping out millions. 📉 The Damage: ❌ Over 74,000 traders lost a total of over $$ 286 Million 💸 87 traders lost over $$ 250K 💸 52 traders lost over $$ 500K 💸 25 traders lost over $$ 1 Million Now, Milei insists: "I didn't promote it, I just shared it." But with allegations of fraud piling up and calls for impeachment growing louder, the controversy is far from over.
you understand what speculation or speculative means, right?
criptodavidz
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Bullish
I just saw a YouTuber saying that investing in Binance is a scam. When the government demands it in the future on altcoins or bitcoins, we will have to pay taxes and duties for those years (until now) and who knows how much it will be?
I would like to hear the opinion of other Brazilians?! 🙂
those who fall for this type of scams are because they are really weaker people
MguelANGEL21
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🔴SCAM ALERT🔴
Hello, how are you all?
Yesterday, while looking at the posts on Binance, I saw a post where someone was supposedly donating cryptocurrencies (we all know that nothing is given away) and I found it super strange. He posted an attached photo with his supposed wallet in which he had 10 million USD. It showed a list of supposed awarders of their prizes of 0.3BTC, 1BTC and more, crazy, who would give you 1BTC today? 😑 As a first step to be able to participate for some of those supposed prizes, in his publication he had a link to a WhatsApp group (which I reported because it is not allowed in the community but Binance did not respond to my complaint).
Ah, does anyone else see this error when trying to withdraw everything? It is 100 percent confirmed and now it says I cannot withdraw. Can someone help me send an email to Binance to complain?