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    unusual_whales (unusual_whales@masto.ai)'s status on Saturday, 20-Apr-2024 12:13:16 JSTunusual_whalesunusual_whales
    in reply to

    Bitcoin purchases in Argentina — one of the nations with the highest level of cryptocurrency adoption globally — approached their highest weekly value in 20 months at local cryptocurrency exchange Lemon

    Read more: https://t.co/clDYbOeORo

    #news #finance #economics #stocks #options

    In conversationabout 7 months ago from masto.aipermalink

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      Argentines are reportedly buying Bitcoin to protect themselves from 276% inflation instead of rushing to exchange pesos for dollars
      Argentines are reportedly buying Bitcoin to protect themselves from 276% inflation instead of rushing to exchange pesos for dollars. Argentinians are turning to Bitcoin as a hedge against the country's staggering 276% inflation rate, a shift from the traditional strategy of exchanging pesos for dollars that has long characterized the crisis-prone nation's financial landscape. Bitcoin purchases in Argentina, a country with high levels of cryptocurrency adoption, surged to near their highest w
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