Bitcoin Hits All-Time-High in Argentinian Pesos – Will Inflation Spark BTC Adoption?
Bitcoin (BTC) has hit an all-time price high in Argentinian pesos – a fact that appears to say more about the struggling fiat than the popular cryptoasset. The peso (ARS) has been dogged by spiraling inflation in recent...
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The peso (ARS) has been dogged by spiraling inflation in recent years.
This has intensified in recent months, with inflation now topping the 100% mark.
BTC's popularity, meanwhile, is on the rise in Argentina.
At present, 1 BTC is currently trading for about ARS 6,331,980 on most international exchanges....
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