Argentines Turn to Crypto to Escape Worsening Economic Situation

Argentines Turn to Crypto to Escape Worsening Economic Situation
фото показано с : btcmanager.com

2021-5-6 23:00

Argentina’s high inflation rate, a collapsing peso, and worsening economic crisis have caused citizens to seek refuge in bitcoin and other cryptocurrency assets.  Argentina Citizens Purchase Crypto to Safeguard Assets Argentina has suffered a recession since 2018, with the advent of the coronavirus pandemic further dealing a heavy blow to the country’s economic situation. Also,Read More origin »

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economic argentina citizens assets worsening crypto situation

Источник: btcmanager.com

economic argentina → Результатов: 49


Фото:

73% of Argentines Say Cryptocurrency Best for Saving in Economic Crisis: Survey

A survey of Argentina’s citizens shows that 73% believe cryptocurrency is the most effective saving method in the current economic crisis, such as to hedge against high inflation. Strong Crypto Sentiment in Argentina Global peer-to-peer (P2P) bitcoin marketplace Paxful released the results of a cryptocurrency survey in Argentina on Friday.

2020-8-29 13:30


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Argentine Pesos Smallest Unit Centavo Now Equals One Satoshi

Following in the footsteps of the Lebanese Lira, the Centavo – the smallest denomination of Argentina’s currency – is now approximately worth one satoshi or 1/100,000,000 of a bitcoin (BTC). One Centavo Equals One Satoshi, Almost The economic crisis in Argentina continues to worsen as according to a post on subreddit r/bitcoin by Argentinian Redditor,Read MoreRead More.

2020-7-4 19:00


Фото:

Capital Controls in Argentina Demonstrate Dangers of Government-Controlled Money

The current financial system, with governments and central banks controlling the flow of money, creates impediments for people’s economic freedom. Among them is the danger that the ruling class will try to hide its mismanagement of the country’s affairs by preventing people from voting with their wallets and trying to secure their savings on safer […] The post Capital Controls in Argentina Demonstrate Dangers of Government-Controlled Money appeared first on Bitcoin News.

2019-9-6 00:00


Bitcoin flies high in the face of Argentina’s white flag

The bigger they are, the harder they fall. In the financial world, massive fluctuations owing to the locus of control shifting outwards is common. Political tensions, trade wars, unexpected economic announcements, and even natural calamities have sent market indexes the world over into a frenzy, with analysts mapping a market symptom on one side of […] The post Bitcoin flies high in the face of Argentina’s white flag appeared first on AMBCrypto.

2019-8-16 18:30


Argentina: Bitcoin Bought at $20K Retained More Value Than the Peso

Bitcoin has proven to be a store-of-value in Argentina where you would have been better off buying BTC at its peak rather than hold the peso. Argentina Ensnared Political and Economy Turmoil The Argentinian economy continues to shrink, afflicted by stubbornly high inflation, which President Mauricio Macri, who is running for re-election, has been unable to rein in.

2019-5-21 03:00


FSB Countries and IMF Open Global Standards For Cryptocurrency Regulations Talks Ahead of G20

Financial authorities from the Financial Stability Board (FSB) and 11 international organization have met in New York in order to discuss global standards of cryptocurrency regulations. After a year in which Argentina hosted the G-20 summit, Japan will be the new country planning the upcoming financial, political and economic meetings for the G-20 throughout 2019. […]

2019-4-30 18:29


Фото:

Economic Crisis in Argentina Provides Opportunity for Bitcoin ATM Providers

According to cryptocurrency ATM providers Athena Bitcoin and the Odyssey Group, by the end of 2018, Argentina could have up to 30 Bitcoin ATMs. Reuters published an article on October 4, 2018, mentioning that these cryptocurrency ATM providers are keen to tap into the South American market and take advantage of the current Argentinian economic crisis and to expand their.

2018-10-8 04:00


Фото:

Not Just Venezuela, Bitcoin is Seeing Record Volumes Across South America

Bitcoin’s mixed price fortunes could not matter less to some South American markets as trade volumes in several countries see major spikes. Argentina, Peru, Colombia… In spite of BTC/USD trending down towards $6000 yet again this month, economic uncertainty in Venezuela and Argentina continue to see huge volumes of fiat change hands for Bitcoin .

2018-9-13 19:00


Argentina Central Bank Looks For Crypto & Blockchain Education Via Books

Argentina’s Central Bank’s Interesting In “Mastering Bitcoin” Growing As Peso Is Depreciated By Rising Inflation Argentina is currently facing a big economic crisis as the country’s national fiat currency, the Peso, has hit a record low price against the USD and the inflation in the country is rising a lot recently. Not only people, but […]

2018-7-21 23:52


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