Hello #venezuela Seeing a lot of posts from people complaining about the price of usdt and discussing this topic with several people in my close circle, a question arises that I wanted to share with you.

There are many opinions about why the price of usdt in p2p in Venezuela is so far above the price of the BCV. I firmly believe that it is all a matter of demand; the merchant, seeing that dollars are no longer arriving at their business, looks for another alternative, and the average citizen also seeks a way to save and not devalue, all of this is caused by the fact that there are no dollars in the country and the BCV dollar price is pure fantasy, since no one can go to a bank in Venezuela and exchange bs for dollars at the imposed rate (185.4 as of today). That is the simplest summary I can make.

Now, usdt right now in the p2p market is being exchanged at 294.5. Well, if we have 100$ in bs at BCV price it would be about 18,540bs, that at how the p2p market is currently would be 62.95usdt

Ok, starting from there my question for people who still complain about the price of usdt is, Would you prefer to have in your bank account in Venezuela those 18540bs, or would you prefer to convert that into 62.95usdt and have them here on the platform generating interests and ready to invest in any currency like $PAXG or any other?

#P2P
#nuevosenbinance
#caracasvenezuela