Why buy dollars above 950.
If you can buy USDT without misleading people.
Value your bolívares, NOT speculation.
DON’T buy from street vendors.
Buy only from businesses that charge through the BCV.
I agree with not feeding the speculation of street vendors and not paying 950+ for a bill when there are more efficient alternatives.
But there’s one more underlying point: a lot of people think “protecting themselves from inflation” = buying cash dollars. That’s the real bottleneck. It’s not a lack of options in bolívares; it’s ignorance.
Idle bolívares get eaten. Invested bolívares don’t necessarily.
The Caracas Stock Exchange is not an exclusive club or a miracle. It’s a small market, with low liquidity and real risks. Even so, in 2026 the IBC has accumulated a rise of 252% so far this year and over 570% year over year, while the official dollar has gone up close to 188% in the year. In other words: there are shares of Venezuelan companies that have performed better than official devaluation and, in several intervals, also better than the parallel rate. This isn’t theory. It’s on the board.
Corner speculation isn’t financial education.
Investing with an account at a brokerage firm, with clear costs and a time horizon, is.
Ignorance is what makes it seem like the only safe haven is cash.
#BinanceP2P #BCV #BolsadeCaracas #venezuela #USDT $BTC
If you can buy USDT without misleading people.
Value your bolívares, NOT speculation.
DON’T buy from street vendors.
Buy only from businesses that charge through the BCV.
I agree with not feeding the speculation of street vendors and not paying 950+ for a bill when there are more efficient alternatives.
But there’s one more underlying point: a lot of people think “protecting themselves from inflation” = buying cash dollars. That’s the real bottleneck. It’s not a lack of options in bolívares; it’s ignorance.
Idle bolívares get eaten. Invested bolívares don’t necessarily.
The Caracas Stock Exchange is not an exclusive club or a miracle. It’s a small market, with low liquidity and real risks. Even so, in 2026 the IBC has accumulated a rise of 252% so far this year and over 570% year over year, while the official dollar has gone up close to 188% in the year. In other words: there are shares of Venezuelan companies that have performed better than official devaluation and, in several intervals, also better than the parallel rate. This isn’t theory. It’s on the board.
Corner speculation isn’t financial education.
Investing with an account at a brokerage firm, with clear costs and a time horizon, is.
Ignorance is what makes it seem like the only safe haven is cash.
#BinanceP2P #BCV #BolsadeCaracas #venezuela #USDT $BTC
