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that sold on time and wanted and the community emerged and since there was a community we said project is an opportunity I'm about to do the company I think it's better I propose to see if they want me to do the egg and indeed today much of what you're going to see here in the company is financed thanks to the game to buy freckles is that it's complicated then when the joke starts the business paper the white paper well here is a problem but they told me look dollars or LG dollars look I'm a best is flat like any other I'm more credit I can't be even though I'm white I am I think I think I and I don't have a bank account outside I don't have any of that what I have to pay for from fare today is bitcoin and they accepted the payment on disk right now the wallet is street because they looted it ok it's that it regularized us the person who registers an account come legitimately and the funds are credited legitimately in the same way there are 22 variants for which a sheet in the first variant is the international boom that has in the written currencies currently there has been a lot of growth in the market there is a lot of quantity and a lot of new The amount of information available in traditional media that didn't exist before has generated a lot of interest at the institutional and business levels internationally.
On the other hand, for Venezuelans, it has also been important to find in this asset a way to protect their assets and make purchases in bolivars in the future. In Venezuela, the use of Bitcoin is relatively widespread. Firstly, because there are people looking for Bitcoin as a way to safeguard the value of their assets because they don't trust the bolivar.
They know that if they hold positions in bolivars, these positions will eventually lose purchasing power, so they opt to buy Bitcoin. But another major use of this bolivar-to-Bitcoin platform is related to the foreign exchange market. Taking advantage of this market where the bolivar is exchanged for Bitcoin, people buy Bitcoin through different platforms and convert it to dollars because they are looking for or using this as a way to access the parallel market, not the traditional word-of- mouth exchange.
This is because the platform itself... Bolivar, Bitcoin, and then Vico in dollars offer certain guarantees Here in Venezuela we are going through hardship because there is no cash connection, there is no cash for anything human, we are suffering with the pulse and we have to fight against the current situation.
These people who come from Monte Bello need their cash to buy the product, you understand? It's current, there is no cash anywhere, not even in the banks. There is hatred for the transfer, a check, and the point of sale is that it doesn't have a point of sale, it doesn't sell. Sometimes it was that they are moving everyone in the country, we want it to be better for everyone because we are going through a hard crisis
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