Crypto’s rising popularity in Argentina

• BBC: Why Argentina is embracing cryptocurrency – April 2022
  Argentina’s economic downturn, with high inflation, a deflating currency and a shortage of US dollars to invest in, has in fact proved a shot in the arm for one sector: cryptocurrency. As they seek safe havens for their dwindling nest eggs, Argentines — used to buffering against economic crises — have been putting their money into Bitcoin, Tether, Etherium or Dai.
• Bloomberg: Cryptocurrencies Prove a Lifeline in Argentina’s Chaotic Economy -Mar 2022
  Workers are increasingly getting paid in cryptocurrency to circumvent exchange controls and to protect them from currency swings and 50% inflation – Argentina has a higher proportion of employees getting paid in cryptocurrency than anywhere else in the world.
• Cointelegraph: A year into the pandemic: How Argentina’s economy struggled… – March 2021
  The year 2020 will go down in history as the beginning of the COVID-19 pandemic and the way it affected the Argentine economy. But it is also true that Argentina has been dragging along economic problems for decades, with high fiscal pressure, devaluation of the national currency (the Argentine peso), restrictions on the purchase of foreign currency, etc. Beyond that, events have occurred that have to do with attempts to regulate the crypto ecosystem, in addition to those linked to private companies and the adoption of cryptocurrencies. The following is a summary of the events that marked the last year and the opinions of various people who lived it from inside the ecosystem.