What 10 $LEO a day looks like in Venezuela (I invite you to do this)

LeoFinance
4 Min Read
804 Words

A few days ago I found in my feed a really impressive publication from @blind-spot, where he shared what he could do in a day with some $LEO in his country Ukraine, and I saw that it is a very realistic vision of how to apply the cryptomonies to the fiat economy of any country, when I read this it seemed a great idea because even in Venezuela with 10 $LLEO you can buy something that can help you in your day to day. I know that the economy of my country is not stable at all, we suffer from a constant hyperinflation and the inputs are valued in dollars and the minimum wage is around $2 per month, but unlike the local economy, LEO's economy is much more stable and gives me a point in my favor, but what does not help me at all are the high commissions they charge me to change the cryptomonies for money in BOLIVARS. Yesterday, I needed to buy some things in my home so I saw the opportunity to show what you can buy in my country with 10 $LEO.

What 10 LEO a day looks like in Venezuela 1.jpg


As I said, because of the high comic books I had to change 13,400 $LEO to have exactly 10 LEOs left. When I made the retido, each LEO was worth $0.48 (0.48 X 13.4 = $6.4) but subtracting the commissions I got $5.1 and yesterday's rate at 9AM was Bs 1,605,607 per dollar and when I changed the $5.1 I got Bs 8,188,595 (5.1 X 1,605,607 = Bs 8,188,595) and although it seems a lot it's not really.


Unlike @blind-spot, I don't use public transportation since I'm relatively close to the center of my city, so I saved that money. The first thing on my list was 1/2 kilo of Spaguetti, 1 kilo of rice and 1 kilo of corn flour, and all this gave me a total of Bs 2,950.00 so I have Bs 5,238,595 left.

Diseño sin título.jpg


Then I walked to another store and saw that they had a good offer of cottage cheese and I bought half a kilo and paid Bs 1,167,000 and also bought a bar of body soap that cost me Bs 395,000 and in total for the soap and cheese I paid Bs 1,562,000 and then I stayed Bs 3,676,595.


Afterwards I went to a fruit and vegetable market to buy some old clothes, although in my country it is better to buy these items on Sundays, I prefer to buy them on Mondays or Tuesdays because I don't like to expose myself to the crowds due to the pandemic. What I was able to buy was: 1 paprika, 2 eggplants, 1 kilo of cabbage, 1 zucchini, some green onion which gave a total of Bs 870,000 and I also bought 600gr of chicken milanesa which cost Bs 2,100,000 and the total was Bs 2,970,000 and I still stay to continue buying Bs 706,595.




Since in my country all the basic supplies are over a million Bs, I don't have enough left to buy 1 toothpaste or 1 liter of edible oil that I needed to buy. So I decided to buy two pieces of cake at the bakery which each had a reserve of Bs 350,000 and for the two of them it was a total of Bs 700,000.

Diseño sin título 1.jpg


And although these purchases I made will not last me 1 week next since we are 2 people, at least I was able to buy something that can last us 3 days. Also, even though the Venezuelan economy is ruined and now all the stores are setting their prices in dollars I think that with $10 LEO you can still survive here, maybe you can't afford to do many things since you have to decide to buy really necessary things, if you generate $50 LEO in a week you can live a little bit peacefully since you can cover your basic needs but without going out to have fun or buy additional things like clothes or appliances.

Diseño sin título 10.jpg

Some time ago I made an initiative about you being able to buy with $1 in your country and it was quite supported, from Mexico, Nigeria, UAE, USA, and Europe. This idea of sharing what you can do with $10 LEO in your country is not mine, I would love to know what you can do with the profits you generate in leo finance, to see what you do and how you perform in the fiat economy. I hope to see your participation, thank you very much for reading.

Posted Using LeoFinance Beta