nice press on bitcoin in argentina today

[tspacepilot]

http://yro.slashdot.org/story/15/04/30/174218/bitcoin-is-disrupting-the-argentine-economy

From NYT and featured on slashdot.  Just thought I'd let y'all know!

[bitllionaire]

And Argentina government tweeted about the article... https://twitter.com/CasaRosadaAR/status/593584932485779457

https://www.reddit.com/r/Bitcoin/comments/34eb9q/argentinas_govt_tweets_ironically_about_bitcoin/

[galbros]

Well I like your thread title about the article more than the other thread's.  Argentina is a great combination of educated citizenry and computer infrastructure with fiscal malpractice where bitcoin could really help the people out.

[tspacepilot]

Well I like your thread title about the article more than the other thread's.  Argentina is a great combination of educated citizenry and computer infrastructure with fiscal malpractice where bitcoin could really help the people out.

Ha, yes, "disruption" is the term used by NYT.  I didn't see that other thread but many of the folks in there are using the wrong definition of "disrupt".  There's disrupt as in what a loud noise does to people at a library, but then there's disrupt meaning a change of paradigm, where the disruption is leading to new ways of doing things.  I think it's this latter usage which NYT is meaning.

[Undermood]

The adoption rated in Argentina is quite low at the moment. The gov's  uncertain policy to Bitcoin is dramatically hindering the growth of adoption rate and the development of bitcoin's business. Hopefully they will come to realize the benefits Bitcoin will bring to them and embrace it. 

[maku]

The adoption rated in Argentina is quite low at the moment. The gov's  uncertain policy to Bitcoin is dramatically hindering the growth of adoption rate and the development of bitcoin's business. Hopefully they will come to realize the benefits Bitcoin will bring to them and embrace it. 

Argentina had already many economic experiments, for example the pension system
http://onlinelibrary.wiley.com/doi/10.1111/1468-246X.00160/abstract
http://www.economist.com/news/americas/21571911-government-drags-its-feet-over-compensating-pensioners-inflation-now-or-never
So Argentine government is cautious and is not taking bitcoin with open arms.
Also "Hopefully they will come to realize the benefits Bitcoin will bring to them and embrace it." I think it's still a bit too early to say how it will all work out (Russia is banning btc as is China, btc future in USA is uncertain)

[grendel25]

It's always cool for any positive PR for bitcoin.  But we all know that the price doesn't move unless it's a serious rumor about something China is going to do or not do.  Yep, need some serious China news, guys.

[Amph]

their economic situation isn't one of the best, they are using bitcoin to escape it, poor country should increase their pil with bitcoin, which is good , it also true what they said about the regulation of bitcoin happening in a more advanced countries that actually don't need it, but they can regulate it faster

[Mayer Amschel]

This is great, Argentina as mentioned by Amph, is in quite a mess when it comes to there economy. Personally, after visiting again last year previously being there in 87 i can say it will be a perfect place for Bitcoin to grow considering they path it has taken economically.

- Mayer Amschel

[Fabrizio89]

I hope this argentina and philippines hype is real.

[thejaytiesto]

And Argentina government tweeted about the article... https://twitter.com/CasaRosadaAR/status/593584932485779457

https://www.reddit.com/r/Bitcoin/comments/34eb9q/argentinas_govt_tweets_ironically_about_bitcoin/

Lol, it seems the Argentinian government is severely butthurt because a big news site reported the fact Bitcoin is getting used on their country to bypass their national currency scam. Serves them well and all that retweet does is help spreading the BTC fame.

[manselr]

Argentina has been a mess for years, they know by first hand experience what massive bailouts are, and they don't want to be caught on that trap gain, thats why Bitcoin is a big thing in Argentina.

[V for Varoufakis]

They don't need bitcoin or any other currency. Their economy is strong now and inflated.

[CryptoTrout]

im always surprised by how many people have still never heard of bitcoin

[OROBTC]

...

TWO of the three guys in my city that I have bought BTC from travel to Argentina.  Both have said that BTC is indeed growing rapidly.  BTC gets the same kind of PREMIUM vs. local currency that US FRNs do I was told, and is probably safer than changing cash "on the street".

So, yeah, bring your Ledger to B.A. and enjoy the CHEAP AND GREAT wines & steak!

*  *  *

Too bad Peru (where I am visiting now) has approximately ZERO places to spend BTC.  Even more disappointing is that not even gold is really available (at a reasonable markup) here, yet Peru is the 6th largest producer of gold in the world.

[Tony Taglialucci]

Christina is under my protection. Nobody can touch her.

[differential350]

good ol' propaganda I guess

Bitcoin is already disrupting Argentina's economy... and the next one could be yours!

[tyz]

I would say more than 99% of global population have not heard about Bitcoin yet. It is still a topic of a small group of people. The press around the hype almost two years ago was not that much to burn Bitcoin into people's heads sustainably.

im always surprised by how many people have still never heard of bitcoin

[countryfree]

I've said it many times. Not London, nor Scandinavia. Argentina's very promising for BTC. Just like every country where the government, and local currency, aren't trustworthy.

[V for Varoufakis]

I've said it many times. Not London, nor Scandinavia. Argentina's very promising for BTC. Just like every country where the government, and local currency, aren't trustworthy.

Argentina s currency is strong now.