Posttle Immutableledger
Cryptocurrency as an alternative to currency in hyperinflation
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
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Sinopsis
Argentina’s inflation rate reached 47 percent in 2018. As an alternative, cryptocurrency is being used for cross-border payments and remittances. In fact, Paraguay bought pesticides and fuming products from Argentina worth $7100, and settled the payment in Bitcoin. They hired a company named Bitex to facilitate and complete the transaction.