When #bitcoin was $64,400 (11/12/2021) that was 12,951,990 pesos here in Argentina (1 USD = 200 pesos) Today #BTC is around $36,594 and that’s around 34,764,300 pesos (1 USD = 950 pesos).

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#McDonalds #Argentina #inflation

Nov-21 499 pesos $2,50 3,882 sats

Today 5250 pesos $5,52 15,078 sats

That's both very interesting & sad (for your people) at the same time.

Are you seeing interest in Bitcoin increasing now that we're coming out of the Bitcoin bear market?

I know that Argentinians generally prefer USD but they'd also be acutely aware of the problems with fiat currencies. Just looking for a pulse check (your feeling) among your family & friends).

Unfortunately nobody around me likes #bitcoin (family, friends) they think #btc is too volatile and they don’t have money to risk, they prefer to buy dollars as a store of value, put their Argentine pesos in a fixed-term deposit (around 295% APY), or buy durable goods, as a way to lose less. I know people who works for others countries that prefer stablecoins (usdt, dai, usdc)

The interest will come in time & I'm sure that they will know where to go when they need their questions answered.

I sometimes position bitcoin as a 4 year fixed term deposit with variable exit fees & huge interest potential. I'm not sure how successful it is 😆

Good luck friend & thank you for responding to my questions 🙏🧡

Thank you! And you are welcome!