26 Jul '13, 2am

Beef and Bitcoin #bitcoin

Beef and Bitcoin #bitcoin

If the level of participation shown by meetup attendance is a reliable indicator, Bitcoin interest appears to be rising in Argentina. The country’s 25% annual inflation rate gives its residents a stronger incentive to consider Bitcoin as a safe haven than the residents of almost every other nation, and many observers have noted how Bitcoin is natural fit for the circumstances surrounding the inflation-plagued Argentine population. There is one obstacle to overcome, however, before Bitcoin can enter Argentina or other nations with similar financial situations. Part of the reason that Bitcoin is so badly needed in Argentina is because of the strict capital controls which make it very expensive and difficult for average residents to move currency internationally. This presents a problem for Bitcoin adoption because presently most of the bitcoins in the world available for pur...

Full article: http://bitcoinmagazine.com/beef-and-bitcoin/

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Feature Your Bitcoin Related Business #bitcoin

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