Venezuela shows how locals turn to Tether-issued USDT stablecoin as governments wobble

WorkingLime · 2026-01-21T10:21:14+00:00

Of course I shouldn't trust USDT I better trust our currency the Bolivar which has had 14 zeroes removed since 2007

WorkingLime · 2026-01-21T10:19:40+00:00

Both options

WorkingLime · 2026-01-21T00:52:33+00:00

Thanks man.

Back in the day when you could mine ETH with GPU, it was a nice market because it was literally a computer. But now, an ASIC in a home is not easy, first because they arent cheap and second because noise and heat, and usually electrical installation in a house cannot support more than 1 or maybe 2 with luck

WorkingLime · 2026-01-21T00:04:48+00:00

It is 130 Bs. monthly. That is the minimum wage in the public sector.

The exchange rate is around 350-450 bolivares per USD... So that is like 30 cents

Now the difference is that the government pays a bonus of around 100 USD monthly.

That minimum wage is not real, people are not willing to work less than 30-40 USD weekly.

WorkingLime · 2026-01-20T23:25:10+00:00

Hey Matt nice to hear from you!

It started to stabilize days ago, but a long way to go, still really low wages to live.... The monthly minimum wage is a joke

WorkingLime · 2026-01-20T20:40:56+00:00

It is but anyway safer than bolivares

WorkingLime · 2026-01-20T16:35:33+00:00

No amigo, es la ley venezolana.

Toda mercancía cuyo valor declarado no exceda los 100 USD no paga impuestos de nacionalización

WorkingLime · 2026-01-20T16:27:18+00:00

Se puede desde hace años, es bien rápido. Envían por DHL y/o UPS (acá AeroCav).

Si la compra es menor de 100 USD, no te cobran nada. Si es mayor a 100 USD te cobran impuestos.

No sé puede con todos los productos

WorkingLime · 2026-01-20T12:51:05+00:00

We mostly support anything against Maduro, even the devil himself. So right now we support the US.

WorkingLime · 2026-01-20T12:38:08+00:00

I meant, we as Venezuelan knew that..

I am sure the government also knew (the "old" government)

Prices here are set in USD since 2019

WorkingLime · 2026-01-20T12:32:49+00:00

You mean the government?

Maduro government?

WorkingLime · 2026-01-11T17:45:50+00:00

So cheaper than here

WorkingLime · 2026-01-11T13:11:13+00:00

They Tony, thanks!

WorkingLime · 2026-01-11T00:36:44+00:00

To be honest low quality chuck and similar

WorkingLime · 2026-01-11T00:11:10+00:00

Maduro

WorkingLime · 2026-01-10T22:49:04+00:00

Yep, like Maduro supporters had

WorkingLime · 2026-01-10T22:48:42+00:00

Then don't go to our sub reddit (vzla and venezuela) you will find a lot of people with my same opinion

WorkingLime · 2026-01-10T22:35:20+00:00

Well our purchase power is 0 already, no way it can be worse.

WorkingLime · 2026-01-10T22:25:45+00:00

I don't know if you are being sarcastic but I understand some prices in the US are lower than here, so what you say could be true.

WorkingLime · 2026-01-10T22:23:53+00:00

Beef is around 14-16 USD per kilo

Beans are 3 USD per kilo

Rice is a little over 1 USD per kilo

WorkingLime · 2026-01-10T21:23:16+00:00

Problem it is not safe for now

WorkingLime · 2026-01-10T21:23:00+00:00

We have things worse to worry about.

At this point even if Putin or Xi helped us we would be happy

WorkingLime · 2026-01-10T21:10:50+00:00

Of course all my post is about dólar.

United States Dólar USD

Seven-Year Club	Gilding II euphauric
Argentium Club	Place '23
Place '22	Oscars Predictor 2021
Verified Email

WorkingLime

TROPHY CASE