Bitcoin is not used as a Store of Value in Venezuela, but as Bridge Currency: Research
A research by Matt Alhborg, a data-scientist and researcher at dlab.vc during a black-out in Venezuela reveals how Venezuela dominates the crypto scene is South America. It also suggests that Bitcoin is primarily used as a ‘bridge currency’ between US Dollar and the local currencies. The electricity black-out occurred on 7th March with which economic activity
A research by Matt Alhborg, a data-scientist and researcher at dlab.vc during a black-out in Venezuela reveals how Venezuela dominates the crypto scene is South America. It also suggests that Bitcoin is primarily used as a ‘bridge currency’ between US Dollar and the local currencies. The electricity black-out occurred on 7th March with which economic activity