Bitcoin Beats Peso In Value at Argentina

There is distress among the investors in Argentina on fear that Kirchner returns to power, it will be a riskier as prospect because of her past populist policies. This made investors to explore alternate options including cryptocurrencies (Bitcoin). One investor shared, “If an Argentinian had bought Bitcoin at the highest point of the ‘biggest bubble in history,’ in 2017, he would have been better off than leaving his money in his Argentinian bank account.”

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