Businessman "Tim Draper" advises the President of Argentina to invest in Betquin

in #bitcoin6 years ago

Tim Draper, a businessman, investment leader and recent Betquin investor, met Argentine President Mauricio Macri and Chief of Staff Markus Pena. Mr. Draper advised Mr. McCreary to invest in the currency of the Betquin. While Mr. Draper reportedly wore a tie with the Betquin logo throughout his Argentine journey. Mr. Draper described the local media as a "social transformation" and "a new form of world currency". Although Mr. Draper acknowledged that "there is still a long way to go" in terms of digital currencies, he said that the Betcuen "is indeed a valuable part of society."

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Local media reported that during a special meeting with Marcos Pena, Mr. Draper pointed out that distributed accounting technology could be used as a means of "ending the bureaucracy," describing it as the ability to give Argentina a competitive advantage "while all governments are competing with Each other ". Mr. Draper also used the agro-food sector as an example, noting that the application of new technologies, including Betcuene and Balucin, could make Argentina a global leader in the industry.

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Continued growth of Betquin in Argentina
Tim Draper's presence in the digital currency field has been further enhanced by validating his earlier predictions that the price of Betcuene will enter the five-digit threshold. In September 2014, Mr. Draper told Fox that the Betquin would reach $ 10,000 within three years. But he was highly skeptical about the valuation of the Petquin for less than $ 500. In July 2014, it was revealed that Tim Draper was the winner of the US Guard Service Auction of nearly 30,000 Petequin seized on the Silk Road.

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On the other hand, since the emergence of the relatively popular Bitquin in Argentina - largely due to the challenges posed by high inflation in the nation's currency for many years, with annual inflation rate of over 40% last year. This week saw local volumes in the localbitcoins hit a new record, breaking the previous figure by more than 40%. In addition, the Argentine government does not appear to be concerned about the Betquin, where reports in August that the vice president of the Central Bank of Argentina, "Lukas Lach," said that the central bank "is not worried about Bitquin and some of its uses." In late October, it was revealed that the Argentine Government was using a decentralized application based on Bitquin, called "Opentimestamps", to record the times of publication of official official bulletins. He also announced last month that the largest futures market in Argentina, "Rofex", is considering introducing the circulation of products in the digital currency.

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