I want to clarify something in this forum, because I see that it is something very serious, I am realizing that 90% of the world population is unaware of the reality of Cuba, the government shows exchange rates that are not real, those numbers are only possible. For the foreigner or tourist who is visiting and can buy things in Cuban pesos, in reality for us each USD costs us 250 pesos, therefore do the respective calculations, NOTHING or NO information that the government shows to the world is REAL, just show something beautiful, a mirage, we Cubans live in a parallel universe
If that's the case, why do you calculate the price of eggs in dollars, and not in pesos? It can't be that a box of eggs costs two thirds of your monthly salary. If that's the case, you'd have starved to death by now. So I'm curious: how many Cuban pesos do you spend on your groceries each month?
Well, it is not fun, I visited Cuba several years ago and I know that it is true. The fact that there are few chickens in the island, importations are restricted, and the Government give a few to each citizen every month make remaining eggs surprisingly expensive and only affordable for tourists.
I've never been there, but I've read about it a few times. It sucks for the people
If eggs would be that expensive, I'd eat something else. I still don't get it though: hatching chickens is no rocket science. If someone has a a few hens and a rooster, they'll basically multiply themselves and eat whatever they can find.
This is also true: there are extremely different exchange rates for Cuban pesos (for citizens) and USD pegged pesos (for foreigners); 1 to 250 is not what I saw when I was there, but in the last years thing may have worsen to that extent.
So, if a Cuban citizen were to earn 1 m
BTC (worth $28.73 at the moment), would he be able to use that money? How many pesos would he get for that? If exchange rates are that twisted, what's the point of converting? Do you need dollars for daily expenses? I don't get it: if trading and imports are expensive, can't the (tropical) country focus on producing for it's own needs? It looks like a beautiful place, and it's such a waste to see it in poverty.
For reference: if I sell 1 m
BTC, I'll get €26.10 (after transaction fees). That's enough to buy 88 eggs in a supermarket. And eggs already got a lot more expensive lately, because of inflation and regulation that improves living conditions for chickens.