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Cryptos are being used as a way of payment and then via a series of conversions and exchanges (to the point that it is ridiculous what we have to do to avoid be
by lezojeda 5y ago
Cryptos are being used as a way of payment and then via a series of conversions and exchanges (to the point that it is ridiculous what we have to do to avoid being robbed by our government) we get our national currency for our daily groceries, bitcoin acceptance is still extremely rare here afaik.
And it's mainly freelancers, IT workers, designers, etc. But the number of people who work this way is increasing every year since we are running out of options as well (no jobs besides delivery apps, working for the state doing basically nothing, etc.).
Kinda related: IT companies from our country are already complaining that there is an "unfair" competition because we get paid, for example 2000 USD, which is a very low sum for IT workers abroad but is a huge number for us while these companies can't even compete with that number for the same employee.
So I believe sooner or later the government will take advantage of their complains to try, somehow, to control the money inflow from people who work for companies abroad.
- mrjangles 5y agoIs that 2000 USD a month? Do you know how much a talented computer programmer gets paid in Argentina (or is that what you mean by IT)? I'm thinking that Argentina seems like a good place to go to start a startup. What do you think? What problems would I run into aside from language?
- akemichan 5y ago> Is that 2000 USD a month? Most probably, the average salary here is about 5000-6000USD/year if you're lucky and have a legally registered job(about 5-10% of the population). Most people have informal jobs and make less than that. > Do you know how much a talented computer programmer gets paid in Argentina (or is that what you mean by IT)? I have a friend working for MercadoLibre at a senior engineer position and last time we talked he was making almost 1000USD/month. I work remotely for a foreign company and make 4000USD/month having half of his experience. > I'm thinking that Argentina seems like a good place to go to start a startup. What do you think? What problems would I run into aside from language? As much as I'd love for this country to move forward, companies are leaving more than coming to the country, it's a TERRIBLE place for startups due to: 1. Aggressive taxing that gets worse and worse every year that passes 2. Terribly slow times for legal processes, like getting your paperwork done to start your company 3. We have a track record of the state wanting to confiscate bank funds 4. Depending on the trade you choose, you might face heavy opposition from the current monopolies, like it already happened with taxi unions against Uber, or MercadoLibre putting pressure to prevent Ebay from coming to the country. Maybe if you come from a wealthy country it may not seem like too much of an issue as it might look cheap, but I personally tried to have small business multiple times and time and time again some new government measure or tax or government change made it unsustainable.