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Bitcoin is A More Viable Solution Than Going Cashless In Argentina

TheMerkle_Argentina Economy

One of the biggest problems the #Argentine economy has right now is the hyperinflationary #Peso . The Central Bank keeps printing new money to create some form of stability in the country, but their action has an adverse effect. However, the situation may come to change shortly, as the Central Bank of #Argentina is favoring going #cashless altogether....

Going cashless seems to be of the utmost importance to some countries around the world for some reason. While it may make sense for some countries to do so, Argentina would not necessarily be on that list. Then again, the country wants to revamp the banking system, but what will that mean for #Bitcoin ?...

Bitcoin is a more than viable alternative for most Argentines, as there are no requirements for personal information when opening a Bitcoin wallet. Additionally, there are no central banks or governments involved when using the #cryptocurrency , and it can be easily exchanged to local or foreign currency on the market.....

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