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In Venezuela, 20 monthly minimum wages are needed to purchase food for a 5 members family

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by COINS NEWS 144 Views

Hi,

As you know I'm Venezuelan living here, I like to make awareness about the situation here, when it comes to adoption and economics. Some people ask, where is the real usage of cryptocurrencies. What is the real idea behind crypto?

Well, you can avoid extremely bad country economics and politics ! And that is only the tip of the iceberg.

This article was auto translated using Google Translator https://www-el--carabobeno-com.translate.goog/8644-bolivares-diarios-o-19-94-salarios-minimos-se-necesitan-para-reunir-los-459-84-que-costo-la-canasta-alimentaria-familiar-en-junio/?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp

That is for a five members family, so to make things easy around 500 USD monthly for be able of having a balanced diet. This doesn't include other expenses besides food.

It's crazy, even when the inflation went down there is so much difference between the income and the expense (even being minimum), every saturday I have to purchase food for me and my parents (not doing so, would make starve and I'm not being exaggerated) and I hate doing so, because I just don't have enough and... there is people worse than me!

Monthly minimum wage is around 23 USD and average wage is 100 USD (it went up a lot, but not growing anymore).


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