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BREAKING: #Argentina has recorded zero Inflation in its food and beverage sector for the first time in 30 years. 🇦🇷
BREAKING: #Argentina has recorded zero Inflation in its food and beverage sector for the first time in 30 years. 🇦🇷
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😱BREAKING😱: #Argentina monthly #CPI reached 6.6% which is 0.6% higher than the last month. This is mainly because of the increase in the price of food and beverages.
😱BREAKING😱: #Argentina monthly #CPI reached 6.6% which is 0.6% higher than the last month. This is mainly because of the increase in the price of food and beverages.
Woman in Argentina is investigated for carrying 7 million pesos "without declaring". Once again, there is an intervention by security forces in Argentina in the case of people traveling with large sums of cash. #Argentina #AFIP #crypto2023
Woman in Argentina is investigated for carrying 7 million pesos "without declaring".

Once again, there is an intervention by security forces in Argentina in the case of people traveling with large sums of cash.

#Argentina #AFIP #crypto2023
**🚨 Just In: Argentina Presidential Candidate Proposes CBDC 🚨** Sergio Massa, Argentina's presidential candidate and current Minister of Economy, has proposed the introduction of a central bank-issued digital currency (CBDC) as a potential solution to the country's hyperinflation problem. Massa made this announcement during a presidential debate. #Argentina #CBDC #Hyperinflation #DigitalCurrency #EconomicSolution
**🚨 Just In: Argentina Presidential Candidate Proposes CBDC 🚨**
Sergio Massa, Argentina's presidential candidate and current Minister of Economy, has proposed the introduction of a central bank-issued digital currency (CBDC) as a potential solution to the country's hyperinflation problem. Massa made this announcement during a presidential debate.
#Argentina #CBDC #Hyperinflation #DigitalCurrency #EconomicSolution
💵Argentinians Turn to Bitcoin as Inflation Soars💵 Argentina's battle with inflation continues, with recent reports indicating a staggering 276% annual increase. This harsh reality is pushing Argentinians to seek alternative stores of value, and a surprising contender is emerging: Bitcoin. 💰Traditionally, Argentinians have favored the US dollar as a hedge against inflation. However, with the peso losing purchasing power at an alarming rate, citizens are exploring new options. Bitcoin, with its limited supply and decentralized nature, offers a unique proposition. 🔥Economic Insights: High inflation erodes the value of a currency over time. Everyday goods become more expensive, and savings lose their purchasing power.Traditionally, people turn to stable currencies like the US dollar to protect their wealth during inflation. 🤑Bitcoin presents a new alternative. While volatile, its limited supply (unlike the infinitely printable peso) makes it attractive in an inflationary environment. 🤯What's next? It will be interesting to see if this trend of Bitcoin adoption continues in Argentina. While Bitcoin offers a potential hedge, it's important to remember its own inherent volatility. This is a complex economic situation, and only time will tell how it plays out. $BTC $ETH #HotTrends #trending #Bitcoin(BTC) #Argentina
💵Argentinians Turn to Bitcoin as Inflation Soars💵
Argentina's battle with inflation continues, with recent reports indicating a staggering 276% annual increase. This harsh reality is pushing Argentinians to seek alternative stores of value, and a surprising contender is emerging: Bitcoin.
💰Traditionally, Argentinians have favored the US dollar as a hedge against inflation. However, with the peso losing purchasing power at an alarming rate, citizens are exploring new options. Bitcoin, with its limited supply and decentralized nature, offers a unique proposition.
🔥Economic Insights:
High inflation erodes the value of a currency over time. Everyday goods become more expensive, and savings lose their purchasing power.Traditionally, people turn to stable currencies like the US dollar to protect their wealth during inflation.
🤑Bitcoin presents a new alternative. While volatile, its limited supply (unlike the infinitely printable peso) makes it attractive in an inflationary environment.
🤯What's next?
It will be interesting to see if this trend of Bitcoin adoption continues in Argentina. While Bitcoin offers a potential hedge, it's important to remember its own inherent volatility. This is a complex economic situation, and only time will tell how it plays out.

$BTC $ETH

#HotTrends #trending #Bitcoin(BTC) #Argentina
Argentina Accepts Contract Payments in Bitcoin and Other Cryptocurrencies Minister of Foreign Affairs Diana Mondino shared this development on X platform on December 21, in response to a governmental decree in Argentina.Diana Mondino, Argentina's Minister of Foreign Affairs, has announced the legalization of certain types of currencies in contracts, with Bitcoin being one of the accepted forms of payment, as per the government decree. In a post on December 21 on the X platform, Mondino indicated that the decree seems aimed at economic reform and eliminating restrictions, allowing the use of BTC and other cryptocurrencies domestically under specific conditions.The decree, titled "Basis for the Revitalization of Argentina's Economy," passed on December 20, doesn't explicitly mention cryptocurrencies but includes provisions enabling debtors to choose non-legally recognized currencies in Argentina for payment. Mondino stated, "We affirm and confirm that in Argentina, contracts can be settled with Bitcoin and any other cryptocurrency."President Javier Milei appointed Mondino as the Minister of Foreign Affairs following his electoral victory over the then Finance Minister Sergio Massa. Many in the community see Milei's win as a positive signal for the adoption of cryptocurrencies in Argentina.Milei assumed office amidst rising inflation across the country. The economic decree followed his first national address, outlining measures to address Argentina's economic concerns.The President previously referred to Bitcoin as a movement aimed at returning money to its original creators, the private sector. Since taking office, he has not publicly commented on digital assets.#BTC #Argentina

Argentina Accepts Contract Payments in Bitcoin and Other Cryptocurrencies

Minister of Foreign Affairs Diana Mondino shared this development on X platform on December 21, in response to a governmental decree in Argentina.Diana Mondino, Argentina's Minister of Foreign Affairs, has announced the legalization of certain types of currencies in contracts, with Bitcoin being one of the accepted forms of payment, as per the government decree. In a post on December 21 on the X platform, Mondino indicated that the decree seems aimed at economic reform and eliminating restrictions, allowing the use of BTC and other cryptocurrencies domestically under specific conditions.The decree, titled "Basis for the Revitalization of Argentina's Economy," passed on December 20, doesn't explicitly mention cryptocurrencies but includes provisions enabling debtors to choose non-legally recognized currencies in Argentina for payment. Mondino stated, "We affirm and confirm that in Argentina, contracts can be settled with Bitcoin and any other cryptocurrency."President Javier Milei appointed Mondino as the Minister of Foreign Affairs following his electoral victory over the then Finance Minister Sergio Massa. Many in the community see Milei's win as a positive signal for the adoption of cryptocurrencies in Argentina.Milei assumed office amidst rising inflation across the country. The economic decree followed his first national address, outlining measures to address Argentina's economic concerns.The President previously referred to Bitcoin as a movement aimed at returning money to its original creators, the private sector. Since taking office, he has not publicly commented on digital assets.#BTC #Argentina
What does the #Consensys study on #cryptocurrencies and #web3 say about Brazil? When comparing with #Argentina , we can observe a high similarity of the answers with Brazil. Taking into account that the survey methodology is similar and with a similar sample. What stands out the most, is that almost all Brazilians surveyed have heard about cryptocurrencies and have a greater knowledge about the subject than in Argentina. A big difference is that in #Brazil the people surveyed have greater confidence in their financial system. To the point that most of them believe that cryptocurrencies should be highly regulated to prevent them from affecting traditional markets.
What does the #Consensys study on #cryptocurrencies and #web3 say about Brazil?

When comparing with #Argentina , we can observe a high similarity of the answers with Brazil. Taking into account that the survey methodology is similar and with a similar sample. What stands out the most, is that almost all Brazilians surveyed have heard about cryptocurrencies and have a greater knowledge about the subject than in Argentina.

A big difference is that in #Brazil the people surveyed have greater confidence in their financial system. To the point that most of them believe that cryptocurrencies should be highly regulated to prevent them from affecting traditional markets.
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