<html> <p><img src="https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/08/Bitcoin-Price-Doubles-Every-18-Days-In-Venezuela.jpg" width="745" height="481"/></p> <p>Venezuela has always reamained in favor of using cryptocurrencies as a method of currency, not only a store of value. Stuck in Hyperinflation, Venezuela's inflation rate might increase to 1 Million percent by the end of 2018, a report by International Monetary Fund (IMF) indicates.</p> <p>Due to this hyper inflation, Venezuelan currency Bolivar has gone extremely down in value and now it is worth almost nothing and that's why people are looking forwards to the alternative payment methods including Bitcoin and other cryptocurrencies. </p> <p><strong>Recently, a Wal-mart like store named Traki has started accepting Bitcoin in order to help people with their day to day departmental goods need. </strong></p> <p>As per a reddit post, a user named ImVito was able to purchase 884 items of school supplies and clothing with as little as $260 in BTC. Supposedly, the money was however donated by the Reddit community and all the items will be going towards the those kids in need.</p> <p><strong>Traki also accepts Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) and DASH.</strong></p> <p><img src="https://bitcoinist.com/wp-content/uploads/2018/11/photo_2018-11-16_12-23-09-495x660.jpg" width="495" height="660"/> </p> <p>Well, this is really good news for Venzuela as more and more people are adopting Bitcoin to fight hyperinflation. Some people are also converting their assets into Bitcoin in order to safeguard them against hyperinflation.</p> <p>Thanks for reading ...!!</p> <p><a href="https://bitcoinist.com/the-wal-mart-of-venezuela-has-started-accepting-bitcoin/">Information Source</a></p> <p>Image Credit<a href="https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/08/Bitcoin-Price-Doubles-Every-18-Days-In-Venezuela.jpg"> 1,</a> <a href="https://bitcoinist.com/wp-content/uploads/2018/11/photo_2018-11-16_12-23-09-495x660.jpg">2</a></p> </html>
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<p><center>This post has been found valuable and upvoted by El surtidor</center></p><hr><p>This post got an extra 0 power for following us</p><p>Follow @elsurtidor to get biggest votes in your next posts </p>
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