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I Lived Like a Baller for a Month in Venezuela on Just £75 (2015)

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Re: I Lived Like a Baller for a Month in Venezuela on Just £75 (2015)

#51
post #49
post #48

Earlier quoted context omitted.

Quit your crocodile tears, gusano!

Haha your superior argumentative powers sure got me there! Please, next time try to be better informed before making a fool of yourself. I understand that the US has a shitty foreign policy, but that doesn't make every "antiimperialist" government the good guys. The world is not black and white.

Your world is probably white, privileged, and myopic to the political forces at play.

Re: I Lived Like a Baller for a Month in Venezuela on Just £75 (2015)

#52

Earlier quoted context omitted.

It wouldn't. Don't believe what you read on the internet about money. The goldbugs are a vocal minority, not taken seriously in real economics discussions.

That has nothing to do with anything, Venezuela is in trouble because of capital controls.

Which, unless people are literally paid in physical gold coins, also doesn't help.

Re: I Lived Like a Baller for a Month in Venezuela on Just £75 (2015)

#53
post #35

Earlier quoted context omitted.

Depends on the BTC / VEF exchange rate inside the country. $100 -> .17BTC -> 102 VEF -> $10.25. So you'd lose 90% of the dollar value even at the generous official VEF/USD exchange rate. https://surbitcoin.com/#market

I've never really looked in to BTC because here you can sell dollars much easier. Although I can see that as a good way to receive dollars for those that do not have any other way. Right now, $1 = $1004 VEF I see that 1 BTC = $583.79 From localbitcoin.com I see people selling in Venezuela at around 628000.00 VEF / BTC. So the price is the same. I think what's going on, is they are calculating the price of the dollar…

If anyone is interested in trying to convert BTC to VEF, I'll be happy to send them enough to make it worthwhile.

ETA: rafaelm, I'll send you $50 worth of bitcoin if you'll post an address :)

Re: I Lived Like a Baller for a Month in Venezuela on Just £75 (2015)

#55

Earlier quoted context omitted.

Do you have any suggestions? I'm living in the US in an expensive city and it'd be cool to take a vacation somewhere much cheaper.

come visit Ukraine - Kiev, Lviv, Odessa

I was going to suggest Ukraine. Odessa is a lovely and very affordable city to visit.

Re: I Lived Like a Baller for a Month in Venezuela on Just £75 (2015)

#56

Earlier quoted context omitted.

That has nothing to do with anything, Venezuela is in trouble because of capital controls.

Which, unless people are literally paid in physical gold coins, also doesn't help.

I'm not sure what this means. What doesn't help?
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