ARGENTINA TO USE BITCOIN FOR INTERNATIONAL TRANSFER - page 3.

pixie85

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Quote from: Nahl on June 12, 2018, 04:51:48 AM

if Argentina believe to use bitcoin for international transfer because cheaper and faster i think other countries should be following them because one of the advantages use bitcoin for transactions is bitcoin can used for worldwide transfer more faster than fiat however this is good news but very unfortunate it still can't boost the price

Some countries don't have to look for cheaper ways of sending money. It's the best option for poor countries that could use a technology that will allow them to save money and have an advantage over their richer neighbors. It's great news I hope it's not FUD and they will do it.

Odonko

member

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I guess the crypto community is gradually broadening its horizons as day in and day out new countries and organizations keep on adopting to use bitcoin as a mode of exchange.

hurriebra49

member

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It is a good sign, I think this is the positive news that will increase the price of bitcoin and in impact to all another crypto market also, It’s a great achievement of bitcoin that is widely using in Argentina on an international level,

sort_cirkit

full member

Activity: 368

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I had seen such a news before. Where A Bank In Argentina Is Now Using Bitcoin for Cross-Border Payments. And when Argentina is ready to use Bitcoin for international transfers, so Crypt has nothing to say. Argentina is a milestone in the cryptosystem.

brickafterbrickwalldpt

full member

Activity: 294

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Current international banking system is way to centralised. Some countries have power to decide which countries should be excluded from the system. This has been already abused many times and it's not going to change unless we decide to switch to decentralised currencies such as Bitcoin, Monero and so on. It's a matter of time for some countries.

mudasarali43

full member

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Yes of course, it is good sign because the news is positive and to improve the bitcoin price also and other cryptocurrencies also because this news is widely using in Argentina on international level will impacting positive and improving the usage of bitcoin and will increase the demand of bitcoin also,

lolland

jr. member

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This is really good news for bitcoins.

raahi

newbie

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Recently bitcoin day was celebrated in Argentina that means that although bitcoin is not accepted as a currency in the European Union, it is in the process of making inroads into the European market which will provide a gateway for international transfer between the union countries and Asia.

Kingofbitcoin12345

full member

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That’s a good news eventually much more than nothing positive right,, but for instance that a next country will announce and implement the same will boost such transaction.. I do think Japan(if ever) and Argentina can work this out if two countries will have the intention of pushing this out.. I don’t see significant movement in price on this one..

One positive news at one time is better than nothing..

funchiestz

sr. member

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Blockchain news does not seem to affect the price of Bitcoin anymore. If the developments to be experienced for this reason are over Bitcoin, the price will be affected.

zeingrind777

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Banco Masventas (BMV) Argentina has launched a partnership with Bitex that will allow customers to use bitcoin for cross-border payments, as a direct alternative to SWIFT. This step is quite unique, given that banks have actively invested in blockchain technology, but few are interested in marketing bitcoin use.

haimefx

newbie

Activity: 10

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that a good thing but, its been a long time to see my country using bit coins for international transfer because in my country bitcoins is not a popular payment method, more people thing bank transfer or pay by cash is more mmore simple than must use BTC for buying somthhing haha, but i dont know if sometimes everyything will be change like BTCC will be a worldwide currency maybe.

Nahl

legendary

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if Argentina believe to use bitcoin for international transfer because cheaper and faster i think other countries should be following them because one of the advantages use bitcoin for transactions is bitcoin can used for worldwide transfer more faster than fiat however this is good news but very unfortunate it still can't boost the price

Roy11

newbie

Activity: 44

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On Monday, May 21, Latin American Bitex exchanges and small financial institutions Banco Masventas announced a partnership that would provide banks with a new cryptocurrency solution service that is now offered to its customers. The Bank has become a financial entity located in the heart of Argentina for many years offering banking solutions to individuals and businesses especially in the Province of Salta.

Jaslinbor28

newbie

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based on Market value btc users are increasing also this will affect on economy and many country is doing trade with btc also they accepted btc also Argentina also accept this coins and they are trading globally so the price of btc will increase and value will increase.

fatema

member

Activity: 336

Merit: 10

I think it's great news for all Bitcoin communities. If the Argentines come forward to implement Bitcoin in the country, then other countries will allow them to accept it. As a result, there will be a lot of impact on Bitcoin prices. It only uses Bitcoin in one country as an international sending method if it is meaningless.

crypto warrior09

newbie

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Thank you for the link. It is a very interesting news that Argentina is ready to use Bitcoin for international transfer. Moreover, they believe that it is very faster and cheaper to transfer.

jshealth

newbie

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If it happens for other countries too, then the value of portfolio of current bitcoin owners would skyrocket in few years

Kemarit

legendary

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Merit: 1353

Quote from: kaya11 on June 06, 2018, 11:08:00 PM

Why include third parties when Bitcoin is meant for peer-to-peer transferring? They are just making things more confusing and therefore leads to unnecessary additional payments.

That's why Bitcoin was born. Satoshi original vision was a P2P without any third party in between.

Quote from: oceantiger on June 06, 2018, 09:37:08 AM

Good news and a boost for Bitcoin as Argentina is ready to use Bitcoin for international transfers. According CryptoCoin.News Argentina believes that transfers with bitcoin will be faster and cheaper. Get more from Youtube here:

https://www.youtube.com/watch?v=XS7GzNl1zwY&list=PLbkLKD7_BGXaYclS47QQB_i5fBK_D9kpC

First this news was reported around the 3rd week of May. Second I don't think that its 100% decentralizes as we all know that it will be Argentina's Banco Masventas will open it as alternative to Swift transaction but they have partnered with Bitex in the implementation. Although this is a good option, but I would rather as the poster above have said, make it just wallet to wallet transfer.And as far as remittances is concern, Argentina ranks 70 globally, (https://www.theglobaleconomy.com/rankings/Remittances/). Although this is a welcoming news, I don't think it will have enough momentum to push the market, but hey, we need every positive news, so let's hope that at least the Argentinian Crypto community will be happy about this announcement.

duc4487

newbie

Activity: 131

Merit: 0

it is great news in the this period,this period is very boring,the crypto market need more good information to it can grow up,we need more country accept BTC and crypto market,i hope the last 1/2 year 2018 the crypto market will more exciting

Topic: ARGENTINA TO USE BITCOIN FOR INTERNATIONAL TRANSFER - page 3. (Read 611 times)