Crypto ATMs provides CONFIDENCE and SECURITY in Argentina

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  • $5 submissions
    I help you SUCCEED
    • Nov 2003
    • 32195
    #1

    Crypto ATMs provides CONFIDENCE and SECURITY in Argentina

    For the people who say Bitcoin or other crypto are worthless stores of value, this news is for you.
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    • Sly
      Let's do some business!
      • Sep 2004
      • 31375
      #2
      Arguing that a given crypto is more stable than the Argentinian peso is not saying much.

      Toilet paper would be a better currency than the peso at this rate.
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        • CaptainHowdy
          Too lazy to set a custom title
          • Dec 2004
          • 94722
          #3
          The UNCERTAINTY and INSECURITY are right outside the argentinian ATM's door . . .

            Comment

            • $5 submissions
              I help you SUCCEED
              • Nov 2003
              • 32195
              #4
              Originally posted by Sly
              Arguing that a given crypto is more stable than the Argentinian peso is not saying much.

              Toilet paper would be a better currency than the peso at this rate.
              You have a point. Commodities are great stores of value during periods of hyperinflation. Still, the news is a form of crypto validation

                Comment

                • Tasty1
                  Bla bla blaa
                  • Jan 2005
                  • 9527
                  #5
                  I was in Argentina during the last pesos crisis. They forbid the USD so people had to use the pesos. Everwyhere where little 'underground' shops where you could buy and sell USD. I had USD in cash with me (tourist can bring USD), the exchange rate in those shops where 30% higher than on the bank or ATM. People want USD, they will get USD. And some might like bitcoins. And if they can forbid USD, they also can forbid bitcoins whenever they want. I would go for the USD. Depending of the USD/Pesos exchange rate. In the end, you need USD to buy food if the crisis continues..

                  everything is fake

                    Comment

                    • ilnjscb
                      Confirmed User
                      • Jun 2009
                      • 8972
                      #6
                      I've been in so many countries where you can buy a literal block of currency with 100$

                        Comment

                        • MFCT
                          Confirmed User
                          • Jan 2015
                          • 1489
                          #7
                          I can't wait till all currency is digital in every country. Because, let me use Alex Jones for example. Nowadays if someone goes against the grain and dares to speak what isn't popular, they'll just lose their social media accounts. Big whoop.

                          But when all currency is digital, if anyone dares to offend or speak out against something, all their money accounts can be immediately frozen and stay that way for up to, say, 6 weeks while the offense is investigated. The "good old days" when the only punishment was the loss of social media accounts will be laughed at.

                          Oh, you can't pay your bills now? Can't pay your rent? Can't pay your car payment? You're going to starve to death? Well, maybe you should have thought about that before you chose to go against social justice.

                          You know the day is coming. You can't prevent it. And you'll embrace it, or else.
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                            • klinton
                              So Fucking Banned
                              • Apr 2003
                              • 8766
                              #8
                              Originally posted by MFCT
                              I can't wait till all currency is digital in every country. Because, let me use Alex Jones for example. Nowadays if someone goes against the grain and dares to speak what isn't popular, they'll just lose their social media accounts. Big whoop.

                              But when all currency is digital, if anyone dares to offend or speak out against something, all their money accounts can be immediately frozen and stay that way for up to, say, 6 weeks while the offense is investigated. The "good old days" when the only punishment was the loss of social media accounts will be laughed at.

                              Oh, you can't pay your bills now? Can't pay your rent? Can't pay your car payment? You're going to starve to death? Well, maybe you should have thought about that before you chose to go against social justice.

                              You know the day is coming. You can't prevent it. And you'll embrace it, or else.
                              I get your point, but how is that if the most resepectasble cryptos are PRIVATE & DECENTRALIZED ?

                                Comment

                                • k0nr4d
                                  Confirmed User
                                  • Aug 2006
                                  • 9231
                                  #9
                                  Originally posted by klinton
                                  I get your point, but how is that if the most resepectasble cryptos are PRIVATE & DECENTRALIZED ?
                                  What's private about a public ledger? What's decentralized if someone can own 50.1% of a specific crypto? Given the small crypto market cap, if the US government bought 50,1% of all bitcoins they could shut it down or control/manipulate it.
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                                    • klinton
                                      So Fucking Banned
                                      • Apr 2003
                                      • 8766
                                      #10
                                      Originally posted by k0nr4d
                                      What's private about a public ledger? What's decentralized if someone can own 50.1% of a specific crypto? Given the small crypto market cap, if the US government bought 50,1% of all bitcoins they could shut it down or control/manipulate it.
                                      Monero and others/ different wallets/ Proof Of Stake ?

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