What do you do when your country’s foreign reserves are dropping at a rate that would make avid bungee jumpers nauseous? If you’re left-wing Venezuelan President Nicolás Maduro, you take strong, decisive macroeconomic action.
You withhold dollars from Mickey Mouse.
Yessir, you discourage your countrymen from traveling to Florida, by further restricting the amount of dollars they can spend there with their bank credit cards – from $2,500 to $700.
In Sunset Harbor Antonio Maldonado and Jessica Londono-Sammet are aboard one of the vessels their company, The Advantaged Yacht Charters and Sales, rents out. The business recently began accepting Bitcoin.
Bitcoin may not sound revolutionary but to its supporters and users the digital global currency could be the future of payment. To regulators, it's a curiosity they're viewing with concern. And for a growing number of individuals and companies in South Florida, it's an opportunity to experiment.