Bitcoin for Brazil and Argentina. What are your thoughts?
On Jan. 22, the two South American countries
they starting to prepare to create a common currency that would run parallel with the Argentine peso and Brazilian real. The move could potentially create the second-largest currency bloc.that BTC would be the “right long-term bet” and wonder if the two countries would consider it.the idea. According to Pal, having a national currency that “declines 65% in the down part of the business cycle and rises 10x in the up cycle” is not ideal.
A few community members supported Pal’s sentiment. According to one Twitter user, the only use case for BTC is a store of value, like gold. They tweeted:
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Brazil and Argentina to discuss common currencyBrazil and Argentina aim for greater economic integration, including the development of a common currency, Brazilian President Luiz Inacio Lula da Silva and Argentine leader Alberto Fernandez said in a joint article they penned.
Lire la suite »
Brazil’s Lula lands in Argentina for first official trip abroadBrazil's Lula's visit is aimed at fully restoring relations between the two Latin American countries after a complicated four years during the tenure of leader Jair Bolsonaro
Lire la suite »
Coinbase Expands its Partnership With German Soccer Club Borussia Dortmund (Report)Coinbase will serve as the Premium Partner of Borussia Dortmund until the end of June, 2023.
Lire la suite »
Cathie Wood: Ark dumps 500K GBTC shares, adds Coinbase stock as Bitcoin recovers 40%Cathie Wood's Ark turned bearish on GBTC but remains bullish on Bitcoin, COIN stock.
Lire la suite »
Brazil’s army chief fired in aftermath of capital uprisingBrazil’s president has fired the army chief amid concerns over threats to the country’s democracy following the Jan. 8 uprising in the capital by far-right protesters. The official webs…
Lire la suite »
Brazil’s right-wing movement persists without BolsonaroAlthough Bolsonarismo appears disoriented at the moment, the broader trend will endure. That's according to academics who study the movement and participants in the trend themselves.
Lire la suite »