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Can Bitcoin Save Argentina?


bitman007

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It is really bad to know that Argentina Back in Crisis:  What you think Friends "Should the Government Buy Bitcoin?"

When people ask me what got me into bitcoin, I often answer with one word: "Argentina. "

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.

Below, I explain it and explore one crypto team's proposal for the Argentine government to overcome this latest meltdown with a stability-seeking strategy that partly includes bitcoin.

Over the past 30 years, Argentina has tried a diverse toolkit of mainstream economic solutions to its persistent drift into chaos, and each has failed. Perhaps a new, outside-the-box, crypto-friendly approach is needed. And with other emerging-market countries now suffering "contagion" from Argentina's, Turkey's and other developing countries' woes, maybe there's a lesson for the wider world too.

 

Get more details in deep inside here

Original Source : https://www.coindesk.com/can-bitcoin-save-argentina/

#Crypto MarketCap Review Market Cap - Down 300 million 24hr Vol - Down 200 million Market Status: Bear Biased

 

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