A Venezuelan citizen couldn’t believe what he saw with his own eyes when he stumbled upon a trash can full of cash on the street.
The author said Rebecca Floyd At report published magazine “Newsweek” ( Newsweek ) The US Lennard Ochoa was in Miami to attend composition technical exhibition at “configure 2021” conference when surprised Bosorh on coin of different kind. Read also In 2020, the world’s richest people added $1.8 trillion to their wealth These are the richest women in the world in 2021.. What is the nationality of the richest woman? For forgetting the password .. a millionaire is denied access to a fortune estimated at 245 million dollars Italy .. A woman survives Covid-19 and discovers wealth in her home
Ochoa is a developer and educator specializing in digital currencies, and he found a very familiar currency in his country in South America, the bolivar, as heaps of cardboard boxes were thrown into the garbage can filled with 50 banknotes of this currency.
4 million views
Despite the large amounts of money, Ochoa unfortunately discovered that it was almost worthless. He shared a video of this amazing scene on TikTok last Monday, with the caption, “You won’t believe what I found in the trash. I found the Venezuelan Bolivar. Did you know that a single toilet paper costs more than an expensive note?”
The clip has garnered more than 4 million views, and Ochoa commented on the video, “Fuck the banks. Crypto is the answer to this inflation mess.”
In the video, the old Venezuelan currency that was scrapped in 2018. Many people commented on the pile of money accumulated, with one seeing that this is something really unfortunate. Another said this is “a perfect explanation of why we can’t print more money.” A third said, “All this is not worth a dollar,” and a person named Rocha added, “Then why throw it away. I’ll sell it as actual toilet paper.”
Venezuela experienced severe levels of hyperinflation, which explains the emergence of a black market, and increased demand for the US dollar.
“Venezuela is currently battling hyperinflation, and the average inflation rate was around 438.12 percent in 2017 compared to the previous year. After that year, there are only estimates to determine inflation, because Venezuela’s economy is collapsing,” research firm Statista said.
In March, it was announced that 3 new banknotes in denominations of 200 thousand and 500 thousand and a note equal to one million were issued.
But even the most valuable one-million dollar note is said to be worth about 50 US cents, according to exchange rate websites.