Venezuela’s economy has been breaking down for months, if not years, with its currency inflating unsustainably. This has lead users to seek ways other than the Venezuelan Bolivar to transfer value, with cryptocurrencies, like Nano, quickly becoming an alternative currency.Users Donate $600 In Nano To Life-Changing Results
On Sunday, a Venezuelan Reddit user with the username ‘Windows7733’ made a post chronicling a cryptocurrency donation, albeit small, that he received.
The Reddit user wrote:
I got it (0.5 Nano) from someone who helped me in my current situation, currently living in Venezuela. 0.5 nano is almost one entire monthly salary in my country. It’s more than I made last month. I’ve been doing a quick research into this cryptocurrency and it fits very well for my entire country, I’m going to read more about this and hopefully I’ll tell about nano to friends who would want to use it.
For those who are unaware, Nano is a cryptocurrency that touts instant and zero-fee transactions, making an ideal candidate for an alternative currency. At first, this post was met with a smidge of skepticism. But as the post quickly skyrocketed, the user posted a Venezuelan passport to bring clarity to the situation.