Gold and cryptocurrencies work just like using the currency from some other coun... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		nabla9 on Aug 23, 2015 \| parent \| context \| favorite \| on: Venezuela on Brink of Hyperinflation Gold and cryptocurrencies work just like using the currency from some other country. Their exchange value don't reflect the economy that is using it and country can't have independent monetary policy.

Bonsanto on Aug 23, 2015 | [–]

In Venezuela is illegal to buy any KIND of currency, without the government approval.

You can find the dollar price here -> dolartoday.com You will find how poor all venezuelans are :(

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact