Venezuela: Bitcoin trading volume hits all-time high

Bitcoin has been the savior for many countries that are caught up in economic turmoil. Venezuela is the prime example in this regard as it is facing hyperinflation to the tune of 1,300,000  percent annually. Its economy is on the verge of collapse. This may have led to the new high in Bitcoin trading volume because many Venezuelans are dumping the national Bolivar for Bitcoin.
Record Bitcoin Volume in Venezuela
Coin Dance reports Bitcoin trading volumes from peer-to-oeer (P2P) exchanges li