bitsalame
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Preaching the gospel of Satoshi
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April 21, 2013, 04:56:12 PM |
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I came to Argentina with the desire to create an exchange. But it is terribly tough. The populist government is destroying democracy as we speak. No freedom of speech, no separation of powers, they shit on their constitution. The INDEC (National Institute of Statistics and Census of Argentina) is freaking psychotic, somewhat fitting for a bipolar president.
With this kind of institutional mess they can change the rules of the game on a whim, so I decided to refrain myself from risking an investment. The demand is definitely there, this is like a pressure cooker about to explode and a bitcoin exchange would be like a piston to release the pressure. Face to Face transactions will be under the radar, but centralizing it in an exchange will be extremely tough.
This country is a joke, and you can't bring serious business here. Not yet.
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