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Venezuela Turns To Bitcoin As Inflation Skyrockets

July 27, 2016
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Venezuela Turns To Bitcoin As Inflation Skyrockets

July 27, 2016
The search for inflation hedges and stability of purchasing power in a world of hyperinflation has led some in Venezuela to turn to the digital currency known as bitcoin. The state of “economic emergency,” as it has been termed by some observers and officially by President Nicolás Maduro, is so acute that the International Monetary […]