Venezuela’s New Digital Bolivar Isn’t Digital, and It Received’t Resolve the Nation’s Financial Disaster — CoinDesk

 Venezuela’s New Digital Bolivar Isn’t Digital, and It Received’t Resolve the Nation’s Financial Disaster — CoinDesk



For smaller retailers, who work in {dollars}, the one factor that issues is the U.S. foreign money. “For us, the bolivar is virtually irrelevant. We pay suppliers in {dollars}, all costs are dollarized. The one funds in bolivars are fundamental companies, reminiscent of water, electrical energy and telephony,” Ernesto mentioned.



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