With Argentina’s peso facing testing times, cryptocurrency may hold an answer…
Most stories to do with hyperinflation and cryptocurrency have surrounded the nation of Venezuela this past year, as its president has introduced a national crypto – the Petro – to try and offset the country’s significant economic problems.
Now, Argentina is facing a battle of its own.
The value of the Argentinian peso has fallen dramatically this year, as the country faces economic pressures. So much so that the peso’s value has fallen over 50% against the American dollar.
Part of the fightback
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