As Venezuela Goes ‘Full Crypto’, Bitcoin Trading Volumes Surge

[sirty143]

Bitcoin trading volumes skyrocket amidst the hyper-inflation in Venezuela after Petro has been likened to Dash. Bitcoin trading volumes have skyrocketed in Venezuela. According to figures from P2P trading platform Localbitcoins, over 1,700 BTC have changed hands in the last two weeks, a 19% rise compared since the start of the month.

Commenting on the figures, Purse.io head of support Eduardo Gómez called the spike “huge” and criticized claims that Dash had become a unit of account for countries in South America.

“Snake oil. Nobody uses it for payments down here,” replied Gomez to a Twitter user who asked about Dash’s acceptance in South America. See more for yourself here.