Bitcoin Trading Volumes Soar in Venezuela and Other Inflation Stricken Countries

[cheezcarls]

Data shows that the volume of BTC transactions on the over-the-counter peer-to-peer marketplace, LocalBitcoins, has increased dramatically in countries suffering from high inflation rates.

While the numbers are not quite as high as some of the most popular cryptocurrency markets in some of the larger developed nations like the United States, for example, trading volume is certainly increasing at a considerable rate.

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