Dash, the cryptocurrency of the Venezuelans
As in the last months I have dedicated at least one day of each week to exclusively use cryptocurrencies. Usually for this I dedicate the Saturday days of each week to buy food for my family, some medicines and hygiene and grooming products in addition to some clothing, all purchased with cryptocurrencies given the ease for this type of trade that exists in Venezuela and the power of content monetization in Hive and Leofinance .
Venezuela is known for the horrible hyperinflation suffered by its local currency, which is constantly devalued against the dollar and all products and services sold in the country, however, it is also noteworthy the great adoption of cryptocurrencies of the Venezuelan people, largely to the ease of trade in this matter offered by those responsible for the project called Dash, whose cryptocurrency is the most used in that territory of the geography of South America.
By observing Discover Dash, a directory where all the businesses that accept payments with the Dash cryptocurrency are exposed, at least more than 800 businesses located in Venezuelan territory accept this crypto among their forms of payment. This project has provided Venezuelans with an important alternative to face the crisis of their fiat model and the social earthquake it leaves behind.
Large international chains such as Burger King or Church Chiken accept Dash as a means of payment, as well as some department stores, pharmacies, luxury hotels and hundreds of small establishments include Dash as a payment mechanism. On the other hand, thousands of street vendors or independent sellers use text message payment services, a method that has massified the use of this cryptocurrency among the most humble Venezuelans.
This growth of Dash users in Venezuela is a product of the commercial use of this cryptocurrency in the country, placing this South American nation at the forefront of this project in the world. According to BeInCrypto, by December 2020, Dash presented a total of 50,336 active wallets (this is called the wallets that has been online or running the last 30 days). This number represents a 562% increase among the metrics presented in 2019, which is expected to be a higher number for the current year.
Most of these active wallets are the product of the high commercial activity registered by Dash in Venezuela, which makes it the country that has reflected the most progress in terms of the adoption of cryptocurrencies due to the complete ecosystem that the country has, since it is possible to pay, sell or buy this type of digital currencies in ATMs; on the other hand, the Dash community is very committed to teaching the use of this cryptocurrency and all of them in general among Venezuelans.
Undoubtedly Venezuela step by step is becoming a role model in the adoption of cryptos by a society, for now Dash has invested time, effort and money in this country product of the need to transform the economic life of an increasingly crypto-adapted society. Dash's success will surely be followed by other important projects that will be directed to this South American country to grow its cryptos thinking in the high adoption of its society to this economic model.
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