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Topic: Argentina’s New President Might Just be a Bitcoin Supporter - page 3. (Read 1941 times)

hero member
Activity: 770
Merit: 509
There's definitely a strong connection since that guy is one of the Bitcoin pioneer sin Argentina. The new president better get with the times and realize the fact that his country is only going to stand the test of time if they get on Bitcoin early on. They are free to end up as they always do again if they ignore to do so tho.
legendary
Activity: 1568
Merit: 1000
I'm not from Argentina but from a near-by country so I'm aware about Argentina relation with Bitcoin. Xapo's CEO for example is argentinian and as you said due to devaluation it was highly adopted by many people (not by the mainstream but still). But this intrigues me because I know Macri is keen to implement "modern" ideas as he was mayor of Buenos Aires not long ago.
legendary
Activity: 2968
Merit: 1895
...

mtnsaa

I have heard that Argentina has a rather lively BTC market among the technologically minded.  I know two people who go there fairly regularly and bring BTC to sell (for a substantial premium due to Argentine capital controls).

Their new president could do a number of things to help his country.  Loosening up silly regulations and controls would help.  And a friend of Bitcoin would help not only him, but all of us here...

He has a big job ahead, Kirchner really messed up the country.

legendary
Activity: 1568
Merit: 1000
"Mauricio Macri was sworn as the new president of Argentina on December 10, 2015. He confronts enormous economic challenges. He received a country with an inflation rate estimated at between 15 to 27 percent, foreign reserves at a ten-year low, plus a decade-long series of struggles with holders of defaulted debt. One of his highest priorities is to grapple with the nation’s currency controls. Also, he has vowed to end corruption, poverty and drug trafficking.

Interestingly, President Macri has just created a new national Ministry of Modernization. And, he immediately appointed as the Minister of Modernization none other than the man who organized and participated in the First Bitcoin Forum in Buenos Aires, Mr. Andrés Ibarra."

Full Article: https://news.bitcoin.com/argentinas-new-president-might-just-bitcoin-supporter/

If Argentina implements Bitcoin at a regional level it will have a HUGE impact on the market since it could be a very rich and powerful country if it's properly administrated with many resources. Plus it can set the the tone for others to follow. What do you guys think?

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