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who's gonna pay in bitcoin when they can do it in shitty soon-to-devaluate pesos?
by zfran 13y ago
who's gonna pay in bitcoin when they can do it in shitty soon-to-devaluate pesos?
- gojomo 13y agoWho's going to take pesos when someone else is offering bitcoin?
- wslh 13y agoYou have dollars and Argentinians love dollars. You can buy and sell dolars in the [not so] black market.
- fancyketchup 13y agoWho's going to offer bitcoin? Nobody living in Argentina has any to offer. American and European tourists? Why wouldn't they keep their (appreciating) bitcoins at home and just offer to pay in Dollars or Euros?
- politician 13y agoThey can bootstrap a Bitcoin-variant on a new block chain, and have plenty and plenty which are calibrated to the local economy rather than the Western economy. Remember, money doesn't have intrinsic value. There's no reason a bunch of pissed off middle class educated people can't en masse adopt a new way of trading resources.