Bitcoin Statement from the President of Argentina: No Reason to Say "No"
Argentine President Alberto Fernandez could not remain indifferent to Bitcoin, which was invested due to inflation. Expressing that there is no reason to say no at the point of using Bitcoin, Fernandez gave signals that Bitcoin can be used in Argentina.
Although it has been shaky for a while, Argentine President Alberto Fernandez, who has made a statement about Bitcoin, which has been on the rise as of the beginning of this week, made a statement about the use of crypto currency. Argentina, where Bitcoin is used to protect against inflation, may start using Bitcoin, according to the President's statements.
In the statements made by Alberto Fernandez, it was stated that there is no reason to say no to Bitcoin. Saying that perhaps the best way is Bitcoin when they think about the economic stalemate they are in, Fernandez stated that the system is not fully expanded, but the whole world is talking about Bitcoin.
Argentina's Inflation Increases 100 Percent Every Year!
Argentina is one of the countries that invest in cryptocurrencies. The inflation rate in the country is so high that people invest their money in BTC to avoid inflation. According to analysts' determinations, inflation in Argentina is increasing by 100 percent every year. Namely, $100 in 2015 is now $661. It seems that this reality cannot be ignored any longer by Argentine President Alberto Fernandez.
Here is the full statement of Argentine President Fernandez on the subject: I don't want to go too far, but there is no reason to say 'No' either. Maybe this is a good way to go. When I asked, they said that it reduced the effects of inflation to zero. Actually, this is a global debate. I'll admit, I'm approaching this matter with caution. There are things that are difficult to understand about the price increase. People all over the world are discussing it. I still think that the system is not fully expanded, but of course it is something to consider.