Experience of Companies Using Bitcoin Cash in Their Businesses

Venezuela is a country in crisis for many years and its political government has not presented any solution to each of the problems leading to institutions in decay and the crisis is increasingly amplified especially in the economy as inflation has reached an incredible point making us the country with the highest inflation in the world causing Venezuelan families to work for a salary of only $ 2 a month leading to the present poverty in this country. As the inflation increases every day the local currency in this case the Venezuelan Bolivar Soberano is losing its value making it more difficult to make purchases such as the basic food basket which is the most important and what Venezuelans concentrate on in order to survive this crisis.

Not only for the Venezuelan population the situation has become difficult, companies have suffered a lot causing many of them to have to leave the country because the situation was already unsustainable and very chaotic, in turn corruption and poor control of the laws have led to the breakdown of many causing a higher rate of unemployment and many to leave the country.

As the years went by and the Bolivar Soberano lost more and more of its value, several currencies arrived in the country and quickly became new methods of payment for everyone and were accepted everywhere, Above all, and most importantly, these currencies did not devaluate rapidly as the Bolivar did, thus allowing companies and the population in general to have a better backing, especially the American dollar, being illegitimately the second currency used by Venezuelans, and according to economists, more than 80% of transactions at the national level are made in green bills, and it is increasing.

Not only is this currency also depending on the areas of the country is used a variety of currencies, for example in the border areas with Colombia and Brazil is used the Colombian peso and Brazilian reals as a method of payment not only these currencies are used the euro eh even other types of pesos are used to pay. result of the difficulty for the Venezuelan people it has become difficult to acquire the native currency in physical form, they began to resort to payments through foreign banking applications such as Zelle, Paypal, Bofa, Wells Fargo, and others. It began to diversify the methods of payment for all becoming easier for those who had these means, however if they did not have someone who is outside the country could not use these payment methods so the situation became increasingly complicated, But at this point a new method of payment and another type of currency arrives to the country and they are the cryptocurrencies, mainly bitcoin cash, changing and facilitating the way to pay, having a margin of commission so small and above all much more secure and reliable, having an access to a more global and decentralized market, that is to say that it is not controlled by any government or organization

With this change we come to the present and is that bitcoin cash is advancing step by step in Venezuela with the adoption of businesses to accept it as a means of payment using wallets as a way to pay without the use of physical currency or applications mentioned above and thus begin with the education, use and control of cryptocurrencies, reaching more people and today the Bitcoincash House Barquisimeto team is working hard to reach the goal that all businesses mainly in the city of Barquisimeto accept it.

Starting with education, giving accurate and backed up information about cryptocurrencies and focusing on Bitcoincash as a central currency to use so today we wanted to let you know how some of the experiences of some of the entrepreneurs who accept bitcoin cash in their business.

Since they accepted the cryptocurrency we decided to revisit them to know how their business has been going since they started with the use of Bitcoincash we did an interview and these were their words.

Gilmer, owner of a small grocery store gave us these words "it has been a new way of payment very easy and above all safe, I have had no problems with the use and control of my money in my wallet and what I like most is that it is very fast".

Eumari, an entrepreneurial girl who has a fruit business told us "Bitcoincash is the future and I know that we will all accept it as payment and it will be soon, it is simple to use very practical and I have learned a lot about cryptocurrencies and how is its market".

Mariela, owner and employee in her nail business gave us these beautiful words "it is a great opportunity and I thank God for reaching me and it will be something very good for my business because I want to turn my business into something international and that people not only from my country but people from other parts of the world see that Mariela accepts Bitcoincash and that we will all accept it very soon".

As a conclusion we all agree on something and there is no doubt that cryptocurrencies and blockchain is the future being a great opportunity for everyone without the need to invest a single cent changing the use of Fiat currencies to digital and at your fingertips with just one click following the philosophy of Satoshi nakamoto which focuses on the adoption and use both commercial and institutional which is why from Venezuela we continue to work harder every day for this to be fulfilled.

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