DUO Guest Author @fonestreet with Crypto Venezuelas economic savior in difficult times

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In an economic and social context in Venezuela currently cryptocurrencies has emerged as a fundamental pillar has been a crucial base that supports many citizens in the face of rising inflation as the shortage of jobs and a minimum wage that is far from covering basic needs And in this year 2025 nothing has changed significantly compared to previous damages the cost of living continues to rise and the search for alternatives has become a necessity for Venezuelans.



  • Current economic context?

In order to understand how important cryptocurrencies are it is essential that we understand the economic background in the year 2025 where the minimum wage is far from being able to afford a basic food basket and this type of mismatch is dramatic reflecting a usual distance between income and the cost of living and added to this inflation remains a persistent problem that destroys the purchasing power of families leaving them increasingly dependent on creative solutions and alternatives that help them to subsist. range 30-40


  • Job Shortages and Rising Prices


One of the most critical issues is the shortage of formal jobs in this shrinking economy. Job opportunities in the formal sector are extraordinarily scarce, forcing many to seek employment in the informal sector or even resort to emigration in search of better opportunities and possibilities. commodities continues to rise which alters and maximizes the daily hardships as products that are essential for day to day life such as rice meat or dairy continues to be unattainable for a large part of the population this is what makes between despair any form of additional income is not simply welcome but something essential.

  • The importance of Cryptocurrencies

In this discouraging scenario cryptocurrencies have emerged as a very useful tool and in blockchain technology based platforms such as HIVE have provided a new way of income as content creation, social interaction and digital commerce have offered an economic lifeline in times of crisis.
The accessibility and democratization that HIVE offers through the blockchain empowers individuals to generate digital income that can be converted to stable currencies or used directly for local and international purchases.

In addition, cryptocurrencies offer a way to protect against hyperinflation by holding value in digital assets we can mitigate the effects of the devaluation of the local currency as this ability to preserve and transfer value beyond traditional economic borders has allowed many Venezuelans to close the gap between what they earn and what we need to live.

For reasons such as these, many Venezuelans and other people around Latin America are very grateful to the community and the broader cryptocurrency ecosystem for having given us the possibility of a more dignified and sustainable life in the midst of this constant struggle, although many are still unaware that the ability to access and generate value offered by blockchain platforms represents a great ray of hope in this environment that has been gloomy for a long time.

DUO Guessing game

Yesterdays winning number 1
No winners so we moving up the prize
Current prize 0.6 DUO
You will find the range somewhere in this post
Leave your guess in the @duo-promo comment on this post
good luck!
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hive-177682 pimp pob waiv slothbuzz cent neoxian bbh alive
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19 comments
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Get your guesses in here

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33

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!duo !pimp !lolz !dook !diy

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31

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@caspermoeller89 I see that you came across my comment..

Yeah, I took away 31. LOL

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I wanted that, it's the same numbers as 13 ;)
!BBH !DUO !SLOTH

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Hahahhaha.. It's funny that I was scrolling to see if you have selected 31 or not. But, I didn't see your name in the comments. LOL

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Congratulations @duo-curator! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You have been a buzzy bee and published a post every day of the week.

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