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by dmihal
2030 days ago
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Well I have plenty of friends in Argentina, and Ethereum is helping them live through hyperinflation. Their currency is plunging, their banking system is corrupt, so these are their options: 1. Trade Pesos for USD on black market exchanges. Hide cash in safes & under mattresses
2. Purchase Dai or other stablecoins. Keep money in multi-signature vaults, earning interest through lending protocols. Plus, cryptocurrencies allow many of them to work for foreign companies and get paid directly in stablecoins. |
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