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Ben Palma 7
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Ali33333333
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Binance IS NOT to blame for the rise of the dollar..

What you see on Binance IS not an official rate, that price shown there is set by the same users who buy and sell USDT, according to supply and demand.

If more people are buying than selling, the price goes up, Binance does not invent that, the market does.

The problem lies elsewhere and it is that the same government has been printing bolívars for YEARS without backing, burning liquidity to cover fiscal gaps and with an economy that does not produce enough..

What happens then?

The bolívar loses value every day..

People DO NOT trust it and rush to shelter in dollars or cryptocurrencies.

Blaming Binance is like blaming the thermometer because you have a fever.

The thermometer only reflects reality, the root of the problem is a terrible monetary policy that has been destroying the Bolívar for more than 25 years.

The problem was never Binance, the issue is the economy that the Venezuelans have on their shoulders.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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