3 ms·

Depreciation of Peso Leads to Argentina Installing 2000 Bitcoin ATMs

• gregjw 8y ago
  Let's solve our economic crisis caused by a terribly volatile currency by replacing it with a different, more anonymous, terribly volatile currency!
• frb 8y ago
  Title is clickbait and misleading. Original title: "When Fiat Falls Flat: Cryptocurrency ATMs Offer Financial Relief in South America" Actual content / message: "Bitcoin ATM companies aim to place nearly 2000 new ATMs in Argentina by this time next year."
  • probably_wrong 8y ago
    It also barely agrees with reality. In a recently published survey [1, in Spanish], companies in one of Argentina's largest cities were asked about which IT professionals were required, and how many they would hire in the next 12 months. They answered that 61 blockchain would be needed in the next 12 months, but the number of open positions right now is... 0. So everyone is planning on doing it eventually, but so far no one has actually coughed the money. [1] https://webcache.googleusercontent.com/search?q=cache:http://www.lavoz.com.ar/negocios/13-perfiles-laborales-que-busca-industria-de-software-local%3Futm_campaign=SocialShare%26utm_source=whatsapp https://webcache.googleusercontent.com/search?q=cache:http:/...