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I understand bitcoin, but it’s not so easy, when you earn in pesos and need that money to live until next month 😢 unfortunately nobody around me talk about #bitcoin (family, friends, coworkers). People here think it’s a scam, or don’t trust on its volatility, and nobody has money to risk, others think they must buy a whole bitcoin. Everybody here prefers to buy dollars as a store of value (because dollar always increases its value in pesos), invest in a fixed term deposit (>150% APY), or buy long-term goods to try to lose less.

Diego Valley 2y ago

Does anyone buy/invest in gold or silver in Argentina?

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Discussion

🇦🇷🧡 Marcel 🟠⚡️ #Bitcoin is Hope 🙏 2y ago

I think people with a lot of money should invest in gold. But silver I think it’s not common.

nobody 2y ago

It’s a store of value but not a good one. Nothing holds its value better than bitcoin

And we are not even talking about confiscation or nationalization resistance. If you hold your own private keys, Not one person in this earth can take it from you. Not even the most powerful person can

🇦🇷🧡 Marcel 🟠⚡️ #Bitcoin is Hope 🙏 2y ago

Yes, of course, I think people use gold here only when they have too much money and they don’t know what to do with it. Just an small percentage of our population. But media here only talk about “crypto” or bitcoin when it’s related to a crime or a scam.

nobody 2y ago

Best advice I can give you, worry about yourself first and let the others think whatever they want.

Most will never understand bitcoin until is too late