Venezuelans have few options but to start using BITCOIN and "Bitcoi...

“We may well be witnessing the first ‘Bitcoinization’ of a sovereign state.” ... according to a recent interview with Daniel Osorio

Venezuelans literally have few options but to start using Bitcoin... which is being called Bitcoinization.

(( Lunch in Venezuela costs about 200,000 Bolivars... about $9 USD ))

Bitcoin only

In order to pay for lunch, locals are beginning to accept only Bitcoin or money wires of foreign currencies. The problem, according to Osorio, is that unlike Zimbabwe and other nations where hyperinflation has taken its toll, Venezuela does not have access to enough dollars to manage the economy.Locals have, therefore, turned completely to Bitcoin in order to function economically. Since Bitcoin is independent of the black market for Bolivars, it represents a fixed exchange platform for business. Near the end of the segment, Osorio says:

Venezuela will likely be the FIRST of many more countries to begin this switch over to Bitcoin AND the Powers that Were (Be)...know this and that is Why they ARE in FULL PANIC Mode and creating as MUCH FEAR as Possible to try keep Bitcoin suppressed.

"You can fool all the people some of the time, and some of the people all the time...

BUT you CANNOT fool ALL the people ALL the time."

Abraham Lincoln 1809-1865

AND Guess What... The China Ban is not working AND will not work... Why... one of the reasons is South Korea is taking over the leadership of Bitcoin volume and a new exchange in South Korea called Kakao is likely to become the largest exchange in the world.

Please view this 4 minute video below... it will likely become VERY important for the future INCREASE of Bitcoin Volume...

As mentioned in this video below... "Bitcoin just Banned China"...