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Cryptocurrency gains popularity in Argentina amid economic crisis

Argentina is in the middle of negotiations with the International Monetary Fund to restructure $44bn it owes to the global fund.
Meanwhile, cryptocurrencies have become a way for people in Argentina to protect themselves from endless economic crises that include inflation, devaluation and now capital controls.
Cryptocurrency mining is energy intensive, but compared with other countries in the region, Argentina has relatively low energy costs, and mining farms are popping up all around Buenos Aires.

Al Jazeera’s Teresa Bo reports from Buenos Aires.

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  1. i make huge profits on my investment since i started trading with a professional broker Mrs Millian Kelvin her trading strategy are top notch coupled with the little commission she charges on her trade, thanks so much,

  2. The 1st problem is that large private and Central Banks have obtained the Exclusive franchise to create ALL new Currency as debt.
    This eventually indebts the whole world, every person, every government.
    2nd. Fractional banking allows these banks to create any amount, blowing massive bubbles and devaluation everyone's savings and work.
    3. Fiat currency whether paper or digital has no intrinsic value, thus it cannot be used as a store of value.

    Fix these and most of the world would be OK

    Make Silver, Gold and copper your currency, by weight. These can't be printed to oblivion and have intrinsic value.


  3. I'm proud to share this testimony because I've gained much from the platform she trade with me, its the best when it come to crypto mining ⛏. I make weekly earnings on bitcoin through her strategy. I really appreciate the effort of Hana Misak who made it happen.

  4. Most people think… Investing in crypto is all about buying coin and leaving it to rise, common it takes much analysis to be a successful crypto trader, Josephine can tell you more because that's her field of expertise..

  5. <<Nice video, I believe everything will play out. I believe this cycle is gonna stretch out till next year. Everyone is assuming crypto is gonna go on massive run this year and because of that, it will not happen. The market sometimes do the opposite of what the majority is expecting. No one knows where the top is going to be. But I can assure that looking at the nature of BTC peaks in past years peak, you see a more violent run up follow by a violent dump. I will advise that we lower our expectation and prioritize trad ing and hodlingalone. For you to be profitable a trader, you need more than mere knowledge from YouTube videos. I use Ms Melissa Thompson strategy, her knowledge and experience outweighs mine I have been able to grow in knowledge, and also I have been able to increase my portfolio with my initial assets of 2.3 Btc to 9.3 Btc in 4 weeks of trading with her, my advice for advanced and newbies to the crypto world is to contact her and join the moving train. You can contact her onT⊶E⊶L⊶E⊶G⊶R⊶A⊶M @ Melissatrade24, I am spreading this for those who are having issues turning in a consistent profit in the market.

  6. I love the grounded reality of this channel, TA is good but I find it truly baffling that all major crypto youtubers just look at pure TA and completely ignore the bigger narrative of why BTC is pumping and why the future outlook might not be as rosy as it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market. This is the worst possible time in history to invest as so many don't back up their crypto assets.More emphasis should be put into day tradiing as it is less affected by the unpredictable nature of the market.I have made over 11 btc frm day tradn with Oscar Hill's insights and signals in less than 2 Months…He's very accurate and always yields a great positive return on investment..

  7. 股市是欺诈性的. 因为有一个悖论,好的项目能赚钱为啥我要把赚钱机会送给只有钱却没啥贡献的人? 好项目的融资成本应该很低才对,股市赚钱的方法还是早于市场知道消息,但是能做到这点的是领导阶层,你们真相信领导阶层不会利用内部消息从故事里骗钱?别天真了. 外加利息有多给资本多了层盘剥挤压劳动者的合理收益. 这些都是不合理的. 比资本重要的其实是好项目,穆斯林的利息非法的智慧在于降低用资成本,刺激好项目的建设. 可惜你们并不想捍卫公义和机会,你们马赫迪和耶稣不来, 你们的冲突矛盾没法解决,好项目也没办法开始建设…你们知道理论也没用…阿根廷有啥机会呢? 坐等三大文明打圈架, 等着资金资源和技术流入吧…阿根廷的问题其实也在于资金流出和自己没啥机会. 低端产业竞争不过亚洲,高端产业竞争不过欧美日本,自己资源有比较缺…三大文明打圈架估计可以让阿根廷得到机会… 阿根廷也是缺资源的国家,尤其是工业化后的各种用电交通和消费. 不知道这次人拿啥换取稀缺的资源. 高端技术自己不会,,低端产业自己不愿干活成亚洲穷国家那种生活方式,因为物价和配套的服务成本不低,低端产业的劳动者收入没法生存. 高端产业也赚不到钱. 其实是资源和技术竞争的失败者。 能力不足资源不多,就坐等别人乱起来资金资源和技术流入吧

  8. If Musilim, china, English culture to fight each other, and then the cheap money, talents with technologies, and low cost resources will go to Japan, Europe, Latin America and South East Asia. Maybe Argentina will have chance to grow

  9. 2021 was a big year fo r the cryptocurrency sphere. Besides digital tokens, other futuristic applications like non-fungible tokens (NFTs), decentralized applications (Dapps), and smart contracts have found their way into the virtual ecosystem. While this was on the play, Bitcoin made strides towards mainstream acceptance with institutional investors and stock exchanges accepting it. And if after all that has happened you are still indecisive about getting start then you should seek the counsel of an expert. Philip Rooker has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio to 17 BTC lately..

  10. Crypto can indeed help people in countries with currency issues. Do we have any information on whether crypto is actually used for real transactions in Argentina?

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