Even though it was possible to buy USD at the Bank of Venezuela and the Banesco auction was able to open yesterday, are these speculators still setting exorbitant prices for the currency?
Did they seriously think that the Bank of Venezuela could issue payments in such a way?
ProxyCapital
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If you are thinking about buying dollars at the Bank of Venezuela and relying on that to cover operational or essential expenses, don't do it. I have currently tested the card on the following platforms and it did not work:
- Adobe Creative Cloud Pro. (Rejected) - Amazon. (Rejected) - Apple App Store, iCloud, Apple TV. (Rejected) - Google Play. (Rejected) - PayPal. (Rejected and it charges you 2$ for the attempt) - CorelDRAW and its Suite. (Rejected) - Meta Business. (Rejected)
As a measure against the blocking of those platforms, I tried transferring it to wallets, and the result was the same:
- Zinli. (Rejected and it charges you 2$ for the attempt). - Wally Tech. (Rejected).
Conclusion: There are exceptions for some clients who can use the card and it works for them, but there is a large number who cannot use it. Most likely due to the bank's lack of liquidity at the currency level or because the system is not in condition for the high demand for transactions.
For now, the Bank of Venezuela has very high expectations for what it is truly delivering to its clients.
The P2P market in Venezuela is unfortunately heavily influenced by high speculators, who literally create a high price chain among themselves or promote extremely high prices so that other sellers adjust to them.
Here I comment that this makes no sense, logic, or reasoning given how it could drop so much in the week where what we all already know happened...
We should unite as consumer users and hold a strike, stop buying USDT so that the price drops, do you think the same?
This is how life is incredible... If you want a barbecue, try it, physically undertake it, invest your money or save as much as you can. Believe me, if you wait for the fish to rain, it will never happen, you must learn to fish because nothing in this life is free.