Malos10 on Nostr: In Venezuela, the price difference between the official dollar and the black market ...
In Venezuela, the price difference between the official dollar and the black market rate is a huge 24%, and this is an advantage that many use to their advantage, since businesses in Venezuela are required to charge the official dollar for their items.
I normally don't use cash. I always have BTC or USDT, and when it's time to pay for something, I exchange it for bolivars (at the black market rate) through an online exchange (100% reliable). This way, I always end up spending less or saving 24%.
Basically, if a product is marked at $10, I only have to exchange $7.6 and pay with bolivars.
It's incredible, but it's true.
Published at
2025-05-21 21:49:58Event JSON
{
"id": "fd68dda8024624fe35020012b4779676f1586d3e10dccef94a678492b0b4047b",
"pubkey": "f776bcc12271be79fc71b655f3cbfeb3a8a169f33ee1335fcc0c22829901da4a",
"created_at": 1747864198,
"kind": 1,
"tags": [],
"content": "In Venezuela, the price difference between the official dollar and the black market rate is a huge 24%, and this is an advantage that many use to their advantage, since businesses in Venezuela are required to charge the official dollar for their items.\n\nI normally don't use cash. I always have BTC or USDT, and when it's time to pay for something, I exchange it for bolivars (at the black market rate) through an online exchange (100% reliable). This way, I always end up spending less or saving 24%.\n\nBasically, if a product is marked at $10, I only have to exchange $7.6 and pay with bolivars.\n\nIt's incredible, but it's true.\n\n",
"sig": "5302e4c66b425c63918d23c757ba8456e221dd54a761472296a7ed9eceda6609edfea2d676cada382c391eab181afaff69d7c589bea4b4d3cf55e1641f2e4fb3"
}