Venezuelan Pastry Shop Accepts Bitcoin Despite Public Distrust
A Venezuelan pastry shop, Tortas Don Eduardo, accepts bitcoin, despite the fact that acceptance has been slow, according to diariobitcoin.com, a Latin American bitcoin journal. The proprietor, Eduardo Hernandez, investigated bitcoin while using the web in his work. “At first, the concept of bitcoin is strange, but if you work on the web like me or if you sit to investigate the matter, (it) turns out to be a possibility when doing business,” Hernandez said. Why Accept Bitcoin? Hernandez adopted bitcoin on account of its growth as a currency, its market value, and its ease of transaction. In....
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The exchange rate of the Venezuelan bolivar, the national fiat currency of the country, has plunged 35.51% against the U.S. dollar this week as a result of various factors, reaching 8.70 bolivars per U.S. dollar. According to economists, this will cause an increase in prices in the near future, with the exchange rate predicted to reach up to 12 bolivars per dollar by December.
Venezuelan Bolivar Drops 35.51% Against USD in a Week
Many Latam countries are being affected by the strength that the U.S. dollar has shown this week. The Venezuelan bolivar, the official currency of the....
Bitcoin enables people and enterprises all over the world to achieve some amazing things. One psychologist in Venezuela has been conducting sessions through Skype and accepts Bitcoin payments for services rendered. It is not uncommon for entrepreneurs and enterprises to accept Bitcoin payments for services rendered these days. However, a lot of these....