franco
@francos.eth
Haven't seen the following discussed here: "The government of Bolivia today rugged everyone holding dollars in their bank accounts and is telling people they will get the commensurate amount in the local currency, bolivianos - which is redeemable back to USD for 50% less."
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franco
@francos.eth
- Those dollars belong to private savers, since the Central Bank of Bolivia has already used the dollars that private banks had deposited for the mandatory legal reserve requirement. - The official exchanges rate is 6.85 BOB per dollar, whilst on P2P markets the BOB is trading at 12.5 BOB per dollar.
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zoo (hb arc)
@zoo
opportunity for a new onboarding campaign
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