Iniciativa #AskLeo Initiative #AskLeo

Venezuela is a country that has 25 years of backwardness in many areas, however, it is good to note that its population has moved forward despite the crises, one of them is the economic one inventing thousands of ways to make an exchange of money.

World, it is known that Venezuela suffers hyperinflation and that affected all sectors, the lack of cash has led people to have other means of exchange adapting to technologies faster than other nations, payment via cell phone with text messages, or the rapid inclusion of cryptocurrencies.

The latter has increased in recent times, people are learning to generate cryptocurrencies with freelancer jobs, such as Blogger, etc, forcing merchants to assume other sources of payment. In Cagua state Aragua where I live you can find several merchants that accept cryptocurrencies in a very friendly, easy, and hassle-free way for the customer.

A short time ago I made a publication highlighting this information where a person in the comments asked me this question.

@lauramica asked me how do businesses pay with cryptocurrencies? Here's the answer, sorry it's late 😆🙋🏽

Merchants give customers their wallet addresses depending on what cryptocurrency the customer has. If the person does not have a resource such as a cell phone with an internet connection, the same merchant does the wallet to wallet transfer, there is also the payment option which is by placing the fingerprint as a device and this automatically activates the download of cryptocurrencies from where it is hosted.

People feel confident in these operations more and more every day and it is common to hear about cryptocurrencies and their use in establishments.

In the business of images you can buy any item, first calculating the cost based on the U.S. dollar, almost no one speaks in Bolivars which is the fiat currency of Venezuela, by the same depreciation prices are based on the dollar, then the match is made to the value of the cryptocurrency that the customer has, with clear accounts the address of the wallet is exchanged and that's it.

Toda crisis es una oportunidad Venezuela es un ejemplo de que la falta de efectivo y liquidez ha sido un motor para la incursión e inclusión de las criptomonedas.

Con esta publicación estoy respondiendo a una pregunta de la iniciativa de @acensotop #AskLeo, gracias @acensotop por tus ideas generadoras de contenido y a ti @lauramica por tu pregunta y comentario.

@lauramica tells me that in Argentina, where she is, cryptocurrencies are not so well known and there is only an online payment platform but in Argentine pesos.

Every crisis is an opportunity Venezuela is an example that the lack of cash and liquidity has been an engine for the incursion and inclusion of cryptocurrencies.

With this post, I am responding to a question from @acensotop's initiative #AskLeo, thanks @acensotop for your content-generating ideas, and to you @lauramica for your question and comment.