Payment methods and local currency conversion are somewhat cumbersome to explain and understand at first. In most places, prices are quoted in dollars, but if you want to pay in bolivars, most places will charge you the highest exchange rate, i.e., the "parallel" rate. Only a few places charge bolivars at the official rate, called the BCV (Bolivarian Central Bank).
Parallel Bolivar: 135,26
Bolívar BCV: 95,08
Some places are regulated and are required to accept BCV bolivars. If a product is quoted at $200 and you want to pay with bolivars, it is most likely that they will charge you in parallel, that is, 27,052 Bolivars, but if that establishment is required to charge BCV, the amount would be the following: 19,016 Bolivars.
Regarding payment methods, they accept cash, cards, transfers, and a payment method I've just learned about called Biopago, which basically means paying with your fingerprint.
So far, I haven't found any place that accepts Bitcoin as payment, but I'm sure I will. I'm a little disappointed because I imagined it would be more widely accepted in stores. I passed by a store and saw they had a Binance QR code. I immediately asked if they accepted SATs, and they told me no.
I find it a little strange that it is not accepted in many places since there is a large percentage of people in Venezuela who know Bitcoin. It is true that there is still a lot of ignorance and prejudice, but compared to other countries in America, Venezuela is proportionally one of the main places where people own fractions of Bitcoin.
I found this note. These two fast food chains are found in only 4 states of the country.
Additionally, in June 2023, one of the country's most iconic hotels, the Eurobilding Hotel in Caracas, began accepting Bitcoin and Altcoins as payment, following in the footsteps of fast-food giants Pizza Hut and Burger King.
At this point I don't think I'll find any big stores that accept Bitcoin, but I do have hope for small businesses.