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Author Topic: Regards to Argentinian crisis - why isn't Btc skyrocketing?  (Read 5166 times)
pungopete468
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January 24, 2014, 05:35:04 PM
 #21


I have my tricks Smiley but most people here in Argentina has no idea about anything. 

why won't you help your countrymen

it would actually be benificial for him to help and share his knowledge, what good is bitcoin when you're pretty much the only one in the country who has them?

I agree with this, but there's a point where everybody has to help themselves. Once the idea is spread that's all you can do.
 
If people aren't willing to help themselves then it's up to natural selection to kill them off... Nobody else will come to save you.

There's plenty of ways out of a country; I bet drug dealers do it all the time.

.
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January 24, 2014, 05:37:54 PM
 #22

I made this thread for exactly this problem: how can we as a community actually get btc into Argentina?
https://bitcointalk.org/index.php?topic=427605.0

Seriously, this is the situation that Bitcoin was created for, so if you have any ideas, let them fly!

How can i help you ?

It's pretty simple: can you think of anything that Argentinians might have that you know that
1. Has a pretty solid trade value, either on eBay or somewhere else
2. Isn't gold, silver or anything else that is obviously going to be confiscated at the border?

In all likelihood, the things we think of will be oddities that we only really know about because of our personal interests: that's why I know about Magic Cards for example.  These are the things that will be easier to get through customs, and because of their trade value they actually have a worth for someone to pay BTC for, even if they don't know the ins and outs of the item itself.

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January 24, 2014, 05:42:58 PM
 #23


I have my tricks Smiley but most people here in Argentina has no idea about anything.  

why won't you help your countrymen

They can not be helped anymore.-

i know what you mean by this, i've seen it too many times.

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January 24, 2014, 05:48:59 PM
 #24

I made this thread for exactly this problem: how can we as a community actually get btc into Argentina?
https://bitcointalk.org/index.php?topic=427605.0

Seriously, this is the situation that Bitcoin was created for, so if you have any ideas, let them fly!

How can i help you ?

It's pretty simple: can you think of anything that Argentinians might have that you know that
1. Has a pretty solid trade value, either on eBay or somewhere else
2. Isn't gold, silver or anything else that is obviously going to be confiscated at the border?

In all likelihood, the things we think of will be oddities that we only really know about because of our personal interests: that's why I know about Magic Cards for example.  These are the things that will be easier to get through customs, and because of their trade value they actually have a worth for someone to pay BTC for, even if they don't know the ins and outs of the item itself.





We can ship stuff, but we can not receive anything. -
pungopete468
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January 24, 2014, 05:50:35 PM
 #25


I have my tricks Smiley but most people here in Argentina has no idea about anything.  

why won't you help your countrymen

They can not be helped anymore.-

i know what you mean by this, i've seen it too many times.

The majority might be like this but you can still help the minority; however small.

"Give a man a fish and he will eat for a night, teach a man to fish and he will eat for a lifetime."

If you teach one person about Bitcoin that wasn't aware before, you've made a major impact on the direction of their life.

.
..1xBit.com   Super Six..
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pungopete468
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January 24, 2014, 05:52:45 PM
 #26

I made this thread for exactly this problem: how can we as a community actually get btc into Argentina?
https://bitcointalk.org/index.php?topic=427605.0

Seriously, this is the situation that Bitcoin was created for, so if you have any ideas, let them fly!

How can i help you ?

It's pretty simple: can you think of anything that Argentinians might have that you know that
1. Has a pretty solid trade value, either on eBay or somewhere else
2. Isn't gold, silver or anything else that is obviously going to be confiscated at the border?

In all likelihood, the things we think of will be oddities that we only really know about because of our personal interests: that's why I know about Magic Cards for example.  These are the things that will be easier to get through customs, and because of their trade value they actually have a worth for someone to pay BTC for, even if they don't know the ins and outs of the item itself.





We can ship stuff, but we can not receive anything. -

Sounds like you need to hire some smugglers...

.
..1xBit.com   Super Six..
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Bundesliga
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BreathOfZen
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January 24, 2014, 06:00:36 PM
 #27

I made this thread for exactly this problem: how can we as a community actually get btc into Argentina?
https://bitcointalk.org/index.php?topic=427605.0

Seriously, this is the situation that Bitcoin was created for, so if you have any ideas, let them fly!

How can i help you ?

It's pretty simple: can you think of anything that Argentinians might have that you know that
1. Has a pretty solid trade value, either on eBay or somewhere else
2. Isn't gold, silver or anything else that is obviously going to be confiscated at the border?

In all likelihood, the things we think of will be oddities that we only really know about because of our personal interests: that's why I know about Magic Cards for example.  These are the things that will be easier to get through customs, and because of their trade value they actually have a worth for someone to pay BTC for, even if they don't know the ins and outs of the item itself.





We can ship stuff, but we can not receive anything. -
That's the beauty of Bitcoin.  You can ship me Magic Cards, and I can pay you in Bitcoin over the internet for them, and there is no way for the government to prevent me from paying you.

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Holliday
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January 24, 2014, 06:02:09 PM
 #28


I have my tricks Smiley but most people here in Argentina has no idea about anything.  

why won't you help your countrymen

They can not be helped anymore.-

i know what you mean by this, i've seen it too many times.

The majority might be like this but you can still help the minority; however small.

"Give a man a fish and he will eat for a night, teach a man to fish and he will eat for a lifetime."

If you teach one person about Bitcoin that wasn't aware before, you've made a major impact on the direction of their life.

"You can lead a horse to water, but you can't make him drink."

If you aren't the sole controller of your private keys, you don't have any bitcoins.
pungopete468
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January 24, 2014, 06:06:26 PM
 #29


I have my tricks Smiley but most people here in Argentina has no idea about anything.  

why won't you help your countrymen

They can not be helped anymore.-

i know what you mean by this, i've seen it too many times.

The majority might be like this but you can still help the minority; however small.

"Give a man a fish and he will eat for a night, teach a man to fish and he will eat for a lifetime."

If you teach one person about Bitcoin that wasn't aware before, you've made a major impact on the direction of their life.

"You can lead a horse to water, but you can't make him drink."

Absolutely, I'm only suggesting that he lead ten horses to water in hopes that one will drink.

.
..1xBit.com   Super Six..
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January 24, 2014, 06:11:23 PM
 #30


I have my tricks Smiley but most people here in Argentina has no idea about anything.  

why won't you help your countrymen

They can not be helped anymore.-

i know what you mean by this, i've seen it too many times.

The majority might be like this but you can still help the minority; however small.

"Give a man a fish and he will eat for a night, teach a man to fish and he will eat for a lifetime."

If you teach one person about Bitcoin that wasn't aware before, you've made a major impact on the direction of their life.


Build a man a fire and he'll be warm for a day.  Set a man on fire, and he'll be warm for the rest of his life.


:-)

Seriously, services from people in Argentina or things that can be sold to others - Wine for one thing - are great things to sell for bitcoin.

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January 24, 2014, 06:12:49 PM
 #31

Most Argentinians are poor from what I've seen the few time times I've been there. If you don't have any money to begin with, how you gonna buy bitcoin? If Bitcoin had come along say ten, twelve years ago then yeah, maybe. Now not so much.
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January 24, 2014, 06:33:30 PM
 #32

I made this thread for exactly this problem: how can we as a community actually get btc into Argentina?
https://bitcointalk.org/index.php?topic=427605.0

Seriously, this is the situation that Bitcoin was created for, so if you have any ideas, let them fly!

How can i help you ?

It's pretty simple: can you think of anything that Argentinians might have that you know that
1. Has a pretty solid trade value, either on eBay or somewhere else
2. Isn't gold, silver or anything else that is obviously going to be confiscated at the border?

In all likelihood, the things we think of will be oddities that we only really know about because of our personal interests: that's why I know about Magic Cards for example.  These are the things that will be easier to get through customs, and because of their trade value they actually have a worth for someone to pay BTC for, even if they don't know the ins and outs of the item itself.





We can ship stuff, but we can not receive anything. -

that's not a problem, bitcoin can be send anonymously, as long as you can send stuff of value (even if it's just something simple as MtG cards (or unopened packs) or something) and leave a bitcoin address, you can easily get bitcoin into Argentina. You can then use these bitcoins in your country instead of the worthless paper known as pesos, and you'll never have to worry about inflation again.
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January 24, 2014, 06:38:56 PM
 #33

Most Argentinians are poor from what I've seen the few time times I've been there. If you don't have any money to begin with, how you gonna buy bitcoin? If Bitcoin had come along say ten, twelve years ago then yeah, maybe. Now not so much.

surely you can buy a couple of magic cards and buy a stamp and an envelope to send them to some other country? It will just get you a small amount of bitcoin, but everything is better then seeing what small amount of money you have at the bank become worth even less every month.

I heard the inflation rate is about 10% per month, so let's say you have $100 worth of pesos at your bank, the next month you'll have $90, in two months you have $81,  in 3 months you have $72.90, in 6 months you have $53.14 and in a year you'll have about $28.24

It's much smarter to invest that $100 in bitcoin, and in a year you'll more likely have $1000 (and even if the bitcoin price does not increase, you'll still gain money, simply by not losing money)
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January 24, 2014, 06:47:11 PM
 #34

Argentininan goverment is re-opening foreign currency exchange, with many restrictions, but still they are re-opening.

I don't think the enemy is more the goverment than it is the banks. Users need to realize they are being f*cked.
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January 24, 2014, 08:02:46 PM
 #35

Argentininan goverment is re-opening foreign currency exchange, with many restrictions, but still they are re-opening.

I don't think the enemy is more the goverment than it is the banks. Users need to realize they are being f*cked.

Article on the subject:
http://www.bbc.co.uk/news/business-25877391

My favorite quote:
"Mr Capitanich said the government would reduce the tax rate on dollar purchases to 20% from the current 35%."

lol.

Aoeui Artifacts
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January 24, 2014, 11:17:26 PM
 #36

I made this thread for exactly this problem: how can we as a community actually get btc into Argentina?
https://bitcointalk.org/index.php?topic=427605.0

Seriously, this is the situation that Bitcoin was created for, so if you have any ideas, let them fly!

How can i help you ?

It's pretty simple: can you think of anything that Argentinians might have that you know that
1. Has a pretty solid trade value, either on eBay or somewhere else
2. Isn't gold, silver or anything else that is obviously going to be confiscated at the border?

In all likelihood, the things we think of will be oddities that we only really know about because of our personal interests: that's why I know about Magic Cards for example.  These are the things that will be easier to get through customs, and because of their trade value they actually have a worth for someone to pay BTC for, even if they don't know the ins and outs of the item itself.





We can ship stuff, but we can not receive anything. -

that's not a problem, bitcoin can be send anonymously, as long as you can send stuff of value (even if it's just something simple as MtG cards (or unopened packs) or something) and leave a bitcoin address, you can easily get bitcoin into Argentina. You can then use these bitcoins in your country instead of the worthless paper known as pesos, and you'll never have to worry about inflation again.


Would it be possible to send physical cash through the mail without getting confiscated?  I assume the pesos are denominated into physical bills.  Maybe they could send a get well soon card with physical cash inside the card to someone with access to a currency exchange in another country.  I know this would be risky but so is leaving money in the bank.  They could use a bitcoin escrow service to reduce risk.

Counterfeit:  made in imitation of something else with intent to deceive:  merriam-webster
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January 24, 2014, 11:36:50 PM
 #37

My take is that BTC will find its way into Argentina via the "blue" or "unofficial" market as foreign visitors to Argentina will find it attractive to exchange small amounts of BTC for Argentine pesos in order to get the superior "unofficial" rate on their expenses while in Argentina. It is far easier to smuggle BTC into Argentina than USD or EUR. One of the characteristics of exchange controls is that foreign visitors are forced to sell the hard currency at the unfavourable official rate.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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January 25, 2014, 03:08:49 AM
 #38

Most Argentinians are poor from what I've seen the few time times I've been there. If you don't have any money to begin with, how you gonna buy bitcoin? If Bitcoin had come along say ten, twelve years ago then yeah, maybe. Now not so much.

The majority of people in a lot of countries are "poor". Doesn't mean the country doesn't have great wealth, in the middle and upper classes. There must be a % of these people that would like to protect their ever-decreasing wealth .... it seems that bitcoin awareness is very low in South America at the moment.
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January 25, 2014, 04:34:53 AM
 #39

If Argentinians don't see the value of Bitcoin, then the only way to help them is to teach them the value of bitcoin. If they don't learn, they are in for a very hard time. If they do learn, they will trade whatever they have for them. If you want something bad enough, you do whatever you have to do to get it. The poor trade their labor. the rich trade their assets. Many of us here would love to travel to that beautiful country if we could get a favorable exchange rate. And we mostly don't care if the exchange is legal or not. It would be win-win.

I don't think the Argentinians realize how bad off a situation they are in. There will be outright starvation at the margins unless some miracle happens. Think Venezuela without the oil revenues. Zimbabwe. Germany between the world wars. In Argentina under the present regime, wealth isn't just being stolen. It's being destroyed. The bitcoiners here would love to help convert some of that wealth to bitcoin, which is the best and possibly only way for them to keep it.

insert coin here:
Dash XfXZL8WL18zzNhaAqWqEziX2bUvyJbrC8s



1Ctd7Na8qE7btyueEshAJF5C7ZqFWH11Wc
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January 25, 2014, 06:16:56 AM
 #40

If Argentinians don't see the value of Bitcoin, then the only way to help them is to teach them the value of bitcoin. If they don't learn, they are in for a very hard time. If they do learn, they will trade whatever they have for them. If you want something bad enough, you do whatever you have to do to get it. The poor trade their labor. the rich trade their assets. Many of us here would love to travel to that beautiful country if we could get a favorable exchange rate. And we mostly don't care if the exchange is legal or not. It would be win-win.

I don't think the Argentinians realize how bad off a situation they are in. There will be outright starvation at the margins unless some miracle happens. Think Venezuela without the oil revenues. Zimbabwe. Germany between the world wars. In Argentina under the present regime, wealth isn't just being stolen. It's being destroyed. The bitcoiners here would love to help convert some of that wealth to bitcoin, which is the best and possibly only way for them to keep it.

I find that so condescending. You think Argentinians aren't living this crisis 24/7? Watching their savings disappear and country fall apart. Get real. They are as intelligent as anyone else. Just stuck in a near impossible situation.
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