Bitcoin Can’t Save Argentina…..Sorry

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The recent drop in the peso has led some to call for Bitcoin to be adopted, this video explores the challenges of a country adopting crypto.

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Bitcoin Can't Save Argentina…..Sorry

39 kommentaar

  1. Thanks for the video Larkloving the new Russian theme backdrop,of course the Russians did that, how dare they 🙂

  2. 💙💚🧡💛 Bitcoin is in its early phase but that is why we are all here. No-one has their pants down in excitement ready to buy Internet stocks and wearingI love the internet!” badges on their shirtsWe are all witnessing the birth of the next financial revolution. It is in its infancy and we have to stick with it until the very end 💙💚🧡💛

  3. Smart. ALWAYS hold precious metals. I hold crypto… baie. But metals are time tested and silver is undervalued. You know that already.😉😉😉

  4. I donagree with all of your arguments. Yes Bitcoin is volatile but atleast its going up in the long term. De argentina currency is volatile and its going down in the long term. So Bitcoin is the better choice.

    The Bitcoin network cant support the argentina population but they can use Bitcoin as an store of wealth and use a temporary currency for the small payments like the american dollar of altcoins.

    But for now the infrastructure and the understading of crypto is to small for argentina I think.

  5. Does that mean now is the time to go on holiday in Argentina, bringing my bitcoin with me? The vacation will be 6% cheaper?

  6. what does it mean that there is a 6% premium? If you buy on an exchange, don’t you just pay market value? Help me understand, thanks

  7. @OldMan FlappyNuts Like gold, it is mostly just a store of value, but more deflationary. No question that some of the alts will dominate in terms of everyday use in transactions. Hard to say which ones. In the meantime I have most of my $ in gold and Bitcoin because I see them as the safest assets for preserving wealth.

  8. Bitcoin is the best store of value there is, but it won’t do as a currency in a country where hyperinflation is taking hold. What countries like Argentina need are a decentralized STABLEcoin that will be widely available and easy to transact with. The best example of that that I can of is Reserve Protocol (RSR/RSV).

  9. When it comes to precious metalsremember the old saying – *you don’t hold it, you don’t own it* .

  10. But there is literally a stablecoin that is designed to help countries with high inflationReserve Protocol

  11. Retailers and companies need assistance in adoption, so the people have multiple on ramps available, plus an increased awareness within the population itself. We can apply this to most countries. Bit Coin is now backing several countries bonds, will be primarily a store of value which is great for stability, but we need super fast and super cheap currencies. As you mention LTC/Dash would be great moving into DGB further down the road.

  12. Sitting here on a flight to LA 10,000 feet up with New Zealand Air and watching the Crypto Lark on the free bloody wi-fi…..unreal!!! My holiday has started.

  13. I agree with you, maar… not about RSVRSR is so low liquidity and RSV isn’t really on exchanges at all. DAI is the defacto here, powering most of the defi ecosystem.

  14. @68walter Vertcoin is pretty stable and only mined with GPU´s ,so no Whales
    Cool coin but not popular at al.

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