Meanwhile in Fiatville..
Argentina's central bank hikes interest rates to 118% in a drastic policy shift as it runs out of funds to defend its currency.
Peso seen slumping as much as 14% on parallel markets.
It’s so depressing that btc adoption is not widespread in Argentina. Gives me less hope for the project.
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Unfortunately, it’s too early
Yeah I don’t want to give the impression that I’m all doom and gloom. But it’s pretty clear that in the near future the majority of people will seek “yield” in the existing decaying monetary system rather than switching to a new one.
