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by georgeecollins 1376 days ago
That's a depressing statement about Argentina and Bitcoin. I would be much more interested if Bitcoin were useful for legal transactions in countries with stable currencies and banking.

Bitcoin enthusiasts can be so anti-government that they seem to think ever government will turn into a basket case like Argentina. Perhaps every government gets into trouble eventually. But you could wait a couple lifetimes for it in some countries.

2 comments

Bitcoin as currency-of-last-resort makes quite some sense to me. More than any other usage for Bitcoin I've seen people selling, anyway.
Ok, but it hasn't been so long since presidents in El Salvador were siphoning public funds. https://en.wikipedia.org/wiki/History_of_El_Salvador#Corrupt...