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Author: Admin | 2025-04-28
The condition of anonymity. Alejandro, a 25-year-old miner who lives in the state of Táchira, is helping to feed his family with groceries purchased from Walmart.com using a Neteller card, which is a prepaid credit card that allows users to deposit bitcoins and spend dollars. Every three weeks, he also loads up his card with bitcoins and crosses into Colombia to stock up on provisions. Jesús, a 26-year-old living in the city of Barquisimeto, credits bitcoin with saving his business. He's the proprietor of a small cellphone and computer repair shop located in a mall. When his suppliers ran out of inventory because of trade restrictions, his store was on the verge of going under. Then a friend introduced him to bitcoin. Now, he orders $400 in supplies from Amazon in a good month, and his business has recovered. "I have access to tools and inventory," he says, "that are difficult to find or extremely expensive in Venezuela." Ricardo, a 30-year-old photography teacher, is earning about $500 in monthly revenue with a rack of five mining computers hidden in a soundproofed room of his family's two-story house. His mother has chronic liver disease, and the medication she needs to stay alive is no longer sold in Venezuela. With bitcoins, he's able to purchase the drug from foreign suppliers. "Bitcoin," he says, "is our only hope nowadays to survive." Risky Business Bitcoin miners may have unique access to foreign goods, but they also live under constant threat. Many fear they'll be
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