The great Colombia, that territory whose first President was Simón Bolívar, dissolved after 11 years in 1830, made up of what is now Colombia and Venezuela, to be back at least in the world of cryptocurrencies.
The political problem that Venezuela is going through at the moment, which has caused the United States to establish a series of sanctions on aspects of the economy and some high officials, has brought about an interesting phenomenon that officials can no longer spend their ill-gotten fortunes. in Europe, North America and tax havens and have to invest within Venezuela, creating an apparent economic prosperity.
The government of Venezuela, for its part, has adopted cryptocurrencies, especially Bitcoin as a mechanism to evade sanctions and these facts mean that currently that cryptocurrency that is valued at approximately $ 19,000 makes Venezuela the second exchange country in the world with a 12 % of total transactions.
Colombia for its part; By sharing a wide border with Venezuela, which for years has maintained an active commercial exchange now both legal and illegal and with similar needs when it comes to taking refuge in the use of cryptocurrencies, together they reach almost 23% of Bitcoin transactions in the world, making this part the largest Bitcoin market.
The great Colombia seems to be back, at least in the world of cryptocurrencies.
Note: The percentages are published by ATM Radar