First Look Venezuelans facing currency crisis turn to bitcoin to survive

In the midst of a financial crisis with inflation nearing 2,000 percent, Venezuelans are using bitcoin to pay for groceries, medical bills, even honeymoons. Unaffected by the economic crisis, bitcoins gives users an alternative to black market worthless government currency.  

Rick Bowmer/AP/File

In the last month, John Villar has bought two plane tickets to Colombia, purchased his wife's medication and paid the employees of his startup business in Venezuela – all in bitcoin.