The average citizen in many Latin American countries has turned to Bitcoin in order to survive, and now many wealthy families are becoming a believer in the cryptocurrency and are buying as much as they can. The economic situation in many Latin American countries is extremely dire. Hyperinflation has hit Peru, Bolivia, Argentina, Venezuela, and Brazil, with some countries in worse shape than others (Venezuela). Many normal residents began to turn to Bitcoin when the
Tag Archive: Argentina
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As a sign of Bitcoin’s growing strength in Latin America, the fourth annual laBITconf returns to Buenos Aires from November 4-5. With over 60 high-profile speakers, the event is becoming one of the Bitcoin industry’s hottest tickets. Also read: ‘GAME Changer’ Announced at Coinsbank Blockchain Summit in Turkey Major speakers will include Andreas Antonopoulos, Peter Todd, Anthony Di Iorio, Erik Voorhees and Trace Mayer. Representatives from IBM and Microsoft will attend, along with five of the
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Another small rise is in the books. Following a drop to $639, the price of bitcoin has jumped up to about $645 at press time. Also read: Pounds vs Yen: The Battle Over Bitcoin Rages On At first glance, this appears to be a meaningless rise. Just a few dollars, nothing to scream and shout about, but considering the circumstances surrounding the halving that has now officially taken place, the results are something to celebrate.
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Nubis and Santiago agreed in setting up a website so that he could be accepting Bitcoin online. A week after Nubis had the site up and running and selling organic vegetables every day. It solved a bunch of issues for Santiago; not only receiving payments but also taking orders and keeping track of who order what and how they paid.