Bitcoins in Argentina: A New Safe Haven?

“It is estimated that between 5,000 and 6,000 Argentines use bitcoins, making it the largest community in Latin America. According to the Fundación Bitcoin Argentina, around 50 to 60 local businesses accept the currency, and there are several hundred bitcoin miners.  Rodolfo Andragnes, vice-president of Fundación Bitcoin Argentina, says that the popularity of Bitcoin can be explained in part by the country’s economic past and present. ‘Argentina is very attentive to all these kinds of things. As a country we, all Argentines, have suffered financial crises many times… They see in Bitcoin an opportunity to avoid the problems that we suffer here,’ says Andragnes.”

http://www.argentinaindependent.com/currentaffairs/bitcoins-in-argentina-a-new-safe-haven/

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