DolarToday Venezuela full details and History of DolarToday
What is DolarToday?
DolarToday is an American website that focuses primarily on the politics and finance sectors of Latin America. The DolarToday is best known for being an exchange rate that refers to the Venezuelan bolivar, a currency that is not freely convertible and DolarToday is also known for the company’s focus on monitoring the Venezuelan economy.
DolarToday is a Venezuelan-American media company, run by Venezuelans residing in the United States. DolarToday also focuses on the exchange control of the Venezuelan economy and for its portal and social networks are critical of the Venezuelan government. The government of President Nicolás Maduro has described the portal as a means of attack against the Venezuelan economy and of projecting the “economic war”.
DolarToday was founded mainly on May 18, 2010 and is based in Miami, Florida, United States of America. Before the election of Nicolás Maduro in 2013, DolarToday was the second most popular exchange rate reference in Venezuela, behind Green Lettuce.
Suddenly, when a scandal caused the disappearance of Green Lettuce, the DolarToday became one of the most popular exchange rate references.
The president of DolarToday is Gustavo Díaz, a seller of Home Depot in Alabama. According to BBC Mundo, the DolarToday company was founded primarily for the way a protest against a dictatorship increasingly committed to silencing and intimidating the media in Venezuela. And until today, the website of the company DolarToday publishes criticisms about the Maduro administration that the founder says “are selected by the writers of the site based in Venezuela”
How DolarToday’s popularity decreases
As hyperinflation in Venezuela got out of control, prices changed at such a rapid rate that Venezuelans no longer depended on the site and would generally set prices in group chats, such as WhatsApp, or through cryptocurrency exchanges.
What were the DolarToday exchange rates?
Since the beginning of its creation, the DolarToday company has provided black market exchange rates that are updated daily for Venezuelans who cannot exchange their currencies with the Venezuelan government due to the decrease in the supply of the US dollar.
The DolarToday company bases its calculated rates of the Venezuelan bolivar to the euro or the United States dollar from the transaction fees in Cúcuta, Colombia, a city near the border with Venezuela.
The Economist states that the rates that DolarToday is calculating are “erratic”, but that they are more realistic than the three rates published by the Venezuelan government. The website maintains that rates are not being manipulated to weaken the Venezuelan government.
Today, the Venezuelan government is prohibited from accessing the Venezuelan currency exchange rate, monitored and governed by the Central Bank of Venezuela, by its citizens. and because of that, the exchange rates published by the DolarToday company are only accessible outside of Venezuela.
Details of the DolarToday controversy
DolarToday is used as a reference by several finance and media websites around the world when it comes to informing the Venezuelan exchange rate. In 2013, Venezuelan President Nicolás Maduro banned several Internet websites, including DolarToday, to prevent its citizens from accessing the country’s exchange rates. Maduro accused DolarToday of driving an economic war against his government and manipulating the exchange rate.
DolarToday censorship controversy
According to DolarToday, the Venezuelan government had tried to censor the website since November 2013.
And in March 2015, in a televised appearance, Maduro told the entire nation that he will ask the president of the United States, Mr. Barack Obama, to capture the company’s owners.
In a press release that was published on the government’s website, the Maduro government said it will exercise all legal means against the DolarToday company in response to defamation of the Venezuelan economy.
And in that month, the Venezuelan government tried to censor the website and demolished websites such as Pinterest, Amazon and Snapchat in the process.
Since President Maduro made such comments, the DolarToday company began facing blockages on its website almost every hour in Venezuela.
The DolarToday company then begins using mirror sites in content distribution networks, placing cryptic links on its social media pages to those sites, since foreign social networking sites are difficult to censor for the Venezuelan government.
And every time the Venezuelan government blocks a mirror site, the DolarToday company starts using a new one, and website engineers find ways to automatically create a new mirror site every 20 minutes.
Lawsuit against DolarToday
On October 23, 2015, the Central Bank of Venezuela (BCV) filed a lawsuit against the DolarToday company for allegedly falsifying the country’s exchange rates. The lawsuit was dismissed by the judge of the United States on February 26, 2016, and the judge signed that the court did not have the authority to handle the case and that the BCV lacked legitimacy to sue.
In response, the BCV filed an amended complaint on March 4, 2016, alleging specific injuries that include minor seizure, damage to the bank’s reputation and deprivation of capital available to the bank.
Approximately more than one million people visited the DolarToday website daily in 2015.
DolarToday’s Android and iOS applications are also among the most downloaded by mobile users in Venezuela. DolarToday has more than 3 million followers on Twitter, which update them with updated exchange rates.
however, the Venezuelan government has seen DolarToday as a platform to launch an “economic war” against the government, and Fusion stated:
DolarToday’s publications are becoming a source of shame for the Venezuelan government. and this site essentially reminds Venezuelans how life has become increasingly unaffordable under the socialist management of that country ”
According to George Selgin, director of the Center for Monetary and Financial Alternatives of the Cato Institute, the Venezuelan government’s lawsuit against DolarToday “offers a remarkable insight into the twisted logics of totalitarian regimes” and if something happens to the website, then the Cato Institute Share the same data and more on your Troubled Coins Project website. Selgin, about the fact that the Cato Institute publishes the same information as DolarToday, said
and if the Central Bank of Venezuela really wants to eliminate information about its bad handling of the bolivar, closing DolarToday will simply not be enough. It will also have to close us. So how are you guys doing? Our lawyers can’t wait!
DolarToday Awards and Recognitions
DolarToday received many awards in 2014 DolarToday received a AwardsClick award and was recognized as one of the best 100 websites in Venezuela and one of the best economy websites and was one of the most popular and controversial companies to date.
The official DolarToday company social site
DolarToday official web site Click here to visit
Official DolarToday Facebook Page Click here to visit
Dolartoday Facebook page
Dolartoday’s Facebook account was first found in 2010.
The dolartoday facebook page currently has more than 3.5 million likes on its page and the category of this Facebook page is media and the news company. because we all know that Dolartoday Venezuela is a company related to news.
Overview of the Dolartoday Facebook page.
The company’s description by the dolertoday Facebook page.
Dolartoday is a news and media company focused on politics and finance. And his television channel broadcasts live only at special events.
What kind of content does the DolarToday Facebook page have today?
Dolar’s Facebook page today is about the latest news. of Venezuela and America.
This page has multiple types of content related to news that can be related to Venezuelan and American citizens.
Currently this Facebook page has a rating of 4.5 out of 5.
There are a large number of 459 people who review this page and their comments and ratings on this page receive a rating of 4.5 on Facebook.
And seeing this rating number. It is proven that the dolartoday Facebook page is really a legitimate place to get information related to news from here if you live in Venezuela or the United States.
DollarToday official Twitter page Click here to visit
The Dolartoday Twitter page is a great way to receive notifications about the exchange rate as quickly as possible.
Because, every time the rate updates the dolartoday Twitter page, the updates of its page are extremely fast so that people can get the latest information on the exchange rate in Venezuela.
Until when I am writing this article, there are more than 25 publications published on the dolartoday Twitter account (Dolartoday Twitter) and it is updated frequently every time they receive some kind of update today.
The DolarToday Twitter account was registered in 2010.
It means that Dolartoday Twitter and Facebook account was created the same day
Because the Facebook account was also created on this date.
Currently, the Dolartoday Twitter account has 3.5 million followers on its Twitter account.
What kind of content can you get On DolartodayTwitter?
You can get the latest updated news and all related updates from Venezuela and US citizens. As fast as you can directly from Twitter on your mobile phone with a simple notification.
Because right now, up to this line I am writing, I received 20 notifications of the latest updated news from Dolartoday Twitter directly to my mobile phone.
Therefore, I think it is a great place to receive the latest news if you are from Venezuela and the United States and are related to this website in use.
Be sure to follow the Dolartoday Twitter ID so that the latest news and updates related to your daily life are also updated daily.
Dollar Today YouTube Channel
The Dolartoday channel on YouTube was created on March 27, 2013
It means that the YouTube YouTube channel today was created after 3 years of starting the dolartoday website
The YouTube channel states that they publish the videos that no other media company or any news channel publishes on their channel in Venezuela and nobody has the courage to publish it on their website or in any media source where they can publish it.
They are the only media in Venezuela that publishes the corruption scandals discovered and most of the government’s corrupt things in the history of Venezuela.
The Venezuelan YouTube channel dolartoday currently has more than 66.3 million views and 158 thousand subscribers on its YouTube channel.
The channel has all the video of all kinds of news that is not covered by any means such as news channels.
If you are from Venezuela, you must visit their YouTube channel to know what they are doing for their country and you should be proud of them.
And I urge you to visit the channel because you are doing a great job. to protect and give real information to their respective countries.
Tags: DolarToday, DolarToday Venezuela, DolarToday Exchange Rates, DolarToday Twitter.