Yes, this is true in respect to the terms and given that Argentina isn't having any crisis with her economy unlike what we had with the Venezuela economy and how Maduro snuggled in Petro. But come to think of it I do believe that countries should on their own adopt one form of cryptocurrency or the other without any coercion from any quarters. It's the rave of the moment and no one should go against the tide.
Speaking of Venezuela, during the last two blackouts, how convenient was to use bitcoin and dash?
that is a stupid decision, and it seems like Tim is either a big idiot who doesn't understand economy or he is trolling the whole country while trying to hype bitcoin up!
we all love bitcoin and we know of its potential but to declare it as a national currency today that price is still very volatile and there is manipulation in the market and also the whole thing is still small, is a terrible idea. and we know that this situation is not going to change for many years (probably another 5 to 10 years of same type of volatility). something like that can wreck the economy of the country more than its own currency even if their local currency is losing its value.
Or both and I'll add imbecile on top of it.
Seriously permabulls and permabears are so similar, there isn't a single moment they aren't trying to turn themselves into the laughingstock of everybody that hears them.
Before claiming that
BTC once legalized will help their economy, how about he comes with ONE single example of a country where cryptos have helped their economy? One example with facts!!!
And when I see all those spammers here praising something they don't have a clue what it means or what would imply...
It's not just Argentina. Blockchain and crypto coins are a nice opportunity for every country experiencing economic development. It's very important to use it just right.
It's also very important that you go......