Over 1500 Bitcoin ATMs to Be Deployed in Argentina in Response to Rampant Inflation

in #crypto7 years ago

Over 1500 Bitcoin ATMs to Be Deployed in Argentina in Response to Rampant Inflation

"According to representatives from Athena Bitcoin and Odyssey Group, by the end of 2018 Argentina will be host to 30 Bitcoin ATMs. That number will jump to"

Read more: www.newsbtc.com

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So what I’m trying to understand is that Bitcoin would be a edge against inflation? Or a way of exporting your money out of the country like China did ?

This is awesome news. Bitcoin / crypto adoption in such countries will drive general adoption, and it's very likely that crypto is much more relevant in areas without stable currencies or a good banking system ("bank the unbanned"). Looking forward to getting back to Argentina, and I hope this will help people to have at least one stable and liquid currency.

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@cryptonized lol... it is the father of cryptocurrency indeed! Talking about inflation, have you heard about Digitex Futures exchange for Bitcoin traders? They are launching by the end of the year and their platform charges zero fees on transactions. You might want to check them out.

we love Argentina woohoo

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