Can Bitcoin Save Argentina?

in #argentina6 years ago

Amid the sad news that the South American country is again gripped by a currency crisis, I'm getting a strong reminder of that connection.

Good article on the ongoing currency crisis in Argentina, sad that the people have to put up with a government that can't manage it's currency. And from what I've heard, Argentine is a beautiful country with great people. I'd love to visit! If I lived there though, I'd definitely be putting my money into crypto as fast as I could. Or at least a foreign bank account with different fiat currencies....

Read the full story here...
https://www.coindesk.com/can-bitcoin-save-argentina/

Sort:  

Bitcoin not looking good at $6300, Dash looking ok though....

maybe, but bitcoin will remain at the top and continue growing.

You buying any bitcoin now?

Like this, but the best of this was when the writter mentioned Venezuela and the petro, and all failed policies.

Yeah, that Petro is a scam, just like everything else the Venezuelan government does.

This can happen to any country with fiat currencies. We need to take note.

Yep, and it will happen to more and more in the coming years, too many countries are loaded with too much debt, their currencies will be what suffers.

Congratulations @onthehook8! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

Award for the number of comments received

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

SteemitBoard - Witness Update
SteemFest³ - SteemitBoard support the Travel Reimbursement Fund.

Support SteemitBoard's project! Vote for its witness and get one more award!

Thanks, I like getting these notices

@onthehook8, I do not understand anything written

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 62763.51
ETH 2579.20
USDT 1.00
SBD 2.72