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Bitcoin's growing popularity in Argentina shows why it's not a fad

• zwieback 12y ago
  "As Bitcoin takes root around the world, it will provide an effective floor on how terrible a country's financial system can get." That in itself would be a great contribution for Bitcoin.
• deleted 12y ago
  [deleted]
• baldfat 12y ago
  Argentina's inflation has been momentous at times. It averages around 10% a year with the historical 1991 20,000% rate. http://www.tradingeconomics.com/argentina/inflation-cpi http://www.tradingeconomics.com/argentina/inflation-cpi
• pc2g4d 12y ago
  Odds of Bitcoin getting banned by Argentine government? Odds of such a ban being effectively enforced?
• IndianAstronaut 12y ago
  Keep in mind though that Argentina is generally the exception in terms of financial stability and also having the government go after the financial assets of its people. In this way it is a cross between a developed nation, where the majority are banked, and a developing nation, where the government uses bank funds to plug government gaps. Argentina has also defaulted on its loans 3 times in recent decades.