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Bitcoin is not used as a Store of Value in Venezuela, but as Bridge Currency: Research

Bitcoin is not used as a Store of Value in Venezuela, but as Bridge Currency: Research

A research by Matt Alhborg, a data-scientist and researcher at dlab.vc during a black-out in Venezuela reveals how Venezuela dominates the crypto scene is South America. It also suggests that Bitcoin is primarily used as a ‘bridge currency’ between US Dollar and the local currencies.




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