3 ms·
Two parties privately trading currencies in Argentina is already illegal. You need a special permit to make a purchase (which isn't easy to get). So, we consid
by hobarrera 12y ago
Two parties privately trading currencies in Argentina is already illegal. You need a special permit to make a purchase (which isn't easy to get).
So, we consider bitcoin a legally-accepted currency, then it's already illegal to trade for them.
One of the main problems is that legally trading ARS to USD has a huge overhead:
* You have to use the "official" price, which is ~60-70% the street price.
* You have to pay 30-40% taxes on the exchange.