The situation in Venezuela is disastrous and unbearable, and for you to see in data only in 2017 there was inflation of around 3000% and minimum wage went from 200 dollars a month to just $1 per month.
The exchange control has destroyed the purchasing power of Venezuelans who see a kg of meat is more than a minimum wage and to obtain a dollar in 2017 its value was 1000 bsf and term this December at 160,000 bsf.
This year the IMF predicts 13000% inflation and already is seeing hunger and hopelessness in the population.
Venezuela a young country with much growth in the area of computer to adopted the cryptocurrencyes as their salvation, but his salvation to get a few dollars and leave the country.
It is sad what passes through Venezuela and it is a warning to all those who we believe in a decentralized financial system, never trust their heritage to any Government, these always work for their interests and not those of the people.