Everything ready for Argentina to assemble the human “₿” of Bitcoin: “it will be historic”
On June 10, 2023 Argentina will assemble the human “₿” of Bitcoin in Buenos Aires. The event, which is being organized by the Bitcoin Argentina community, is expected to attract thousands of people.
The human “₿” will be made up of people wearing yellow and orange shirts. The shirts will be placed in such a way that they create the shape of the Bitcoin symbol. The event will take place at the Obelisk, a famous landmark in Buenos Aires.
Event organizer Matias Goldenberg said that the human “₿” is a way to show the world that Argentina is a country that is embracing Bitcoin. He said that the event will be “historic” and that it will “put Argentina on the map” in terms of Bitcoin adoption.
The human "₿" is not the first time Bitcoin has been used to create a human sculpture. In 2017, a group of people in New York City created a human "B" in Times Square. The event was organized by the Bitcoin Foundation, a non-profit organization that promotes Bitcoin adoption.
The human “₿” in Argentina is a sign of the growing popularity of Bitcoin in the country. In 2022, the number of Bitcoin ATMs in Argentina increased by 500%. The country also has several Bitcoin exchanges and Bitcoin friendly businesses.
Bitcoin adoption in Argentina is being driven by a number of factors. One factor is the high rate of inflation in the country. The inflation rate in Argentina has been above 50% for the last few years. Bitcoin is seen as a way to hedge against inflation.
Another factor driving Bitcoin adoption in Argentina is the government's crackdown on the informal economy. The informal economy represents an important part of the Argentine economy. Bitcoin is seen as a way to transact in the informal economy without having to worry about government regulations.
The human “₿” in Argentina is a sign of the growing popularity of Bitcoin in the country. The event is expected to attract thousands of people and is seen as a way to show the world that Argentina is a country that is embracing Bitcoin.