“Enter the bitcoin? The virtual currency is emerging as the latest inflation refuge – and Bloomberg reports that TradeHill, a US-based bitcoin exchange, is now planning to open an office in Argentina where demand is fastest in the region.  Bitcoins are absolutely not words on everybody’s lips here and many people have no clue about how to use them. But a quick squint at the website of MercadoLibre – a kind of ebay – reveals that you can buy plenty of things, from motorbikes to apartments to an anti-slip spray for bathtubs, and pay with bitcoins.  Argentina’s two centuries’ history of currency turbulence, has wired a need for financial smarts into the national DNA.”

http://blogs.ft.com/beyond-brics/2013/04/16/bitcoins-gain-traction-in-argentina/

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