Venezuela Upgrades To Bigger Notes Due To Triple-Digital Hyper-Inflation (The Cryptoverse #163)
**On today's episode of The Cryptoverse:** Venezuela’s government ordered all 100-bolivar bank notes out of circulation within 72 hours, amid a hard cash shortage and the scheduled release this week of bigger bank notes. **Please Support The Cryptoverse And Boost Cryptocurrency Adoption By Becoming A Cryptoversity Patron:** Make a regular contribution and you'll help to secure Cryptoversity's future, get unlimited access to all Cryptoversity courses as well as a private Telegram chat group where you get direct access to me: https://www.cryptoversity.com/podcast/ **Or Pay As You Go With Bitcoin Tips:** 1Lak8zkQbUB5FgDD6ci6M82oTVBveuBxBT **Subscribe to the podcast here:** https://www.cryptoversity.com/podcast/ Today's episode is sponsored by Dash, the privacy focused digital currency that offers transactions with instant confirmations. It’s unique decentralised decision making and self funding system make it an ideal choice as a stable and secure digital cash. [Click here to learn more](http://bit.ly/2f99G7b) **Sources:** [Original Article on Bloomberg](https://www.bloomberg.com/news/articles/2016-12-11/venezuela-orders-largest-bills-turned-in-ahead-of-new-bank-notes) [The Picture of The Wheelbarrow Full of Cash](https://metrouk2.files.wordpress.com/2014/12/ad_154933252.jpg) [Original Reddit Thread](https://www.reddit.com/r/btc/comments/5hscid/venezuela_orders_largest_bills_turned_in_ahead_of/) [2012–13 Cypriot financial crisis](https://en.wikipedia.org/wiki/2012%E2%80%9313_Cypriot_financial_crisis) [Interview: Impact of Demonetization on Ordinary Indians by Bitcoin.com](https://news.bitcoin.com/india-impact-demonetization/) [All Pain, No Gain: India's Failed Demonetization Is Lesson to All by Coin Telegraph](https://cointelegraph.com/news/all-pain-no-gain-indias-failed-demonetization-is-a-lesson-to-all) Produced by Cryptoversity.com the online school for learning about Bitcoin, crypto-currencies and blockchains. https://www.cryptoversity.com/
via YouTube http://youtu.be/ulnK5DA77Sk
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