Bitcoin’s 150% gains over the last two years in Argentine pesos is no match for the country’s 300% inflation in the period.
Category: peso
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Philippines Financial Institution Unionbank Now Provides Crypto Custody and Trading Services
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Near Protocol Supports Tether USDT, Stablecoin Is Now Hosted on 14 Blockchain Networks
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The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020
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Tether Launches Stablecoin Pegged to the British Pound Sterling
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Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon
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Capital Controls in Argentina Demonstrate Dangers of Government-Controlled Money
The current financial system, with governments and central banks controlling the flow of money, creates impediments for people’s economic freedom. Among them is the danger that the ruling class will try to hide its mismanagement of the country’s affairs by preventing people from voting with their wallets and trying to secure their savings on safer […]
The post Capital Controls in Argentina Demonstrate Dangers of Government-Controlled Money appeared first on Bitcoin News.
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Philippines Increasingly Crypto Friendly – A Look at Driving Forces
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community, and one of its largest banks has engaged in multiple crypto projects. Also […]
The post Philippines Increasingly Crypto Friendly – A Look at Driving Forces appeared first on Bitcoin News.
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Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money
Whenever bitcoin experiences a sharp drop or volatility, mainstream media analysts jump to declare that cryptocurrency isn’t stable enough to be considered money. The double-digit crash of the Argentine peso in one day, simply due to an election in the country, can be said to prove the same about fiat. Also Read: Big Banks Enabled […]
The post Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money appeared first on Bitcoin News.
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