Bitcoin use in Venezuela took a hit this week after a persisting electricity blackout appeared to limit the ability of users to transact.  Bitcoin Trades Drop 40 Percent That was the conclusion of some cryptocurrency commentators as data showed weekly trade volumes on P2P platform Localbitcoins fell by 40 percent in the week ending March 9. The blackout, which began March 7, has affected 18 out of Venezuela’s 23 states while plunging millions of residents

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