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A comment on Argentina's New President Wants to Adopt the Dollar as the National Currency. Parent comment

Re:Argentina's New President Wants to Adopt the Dollar as th... by snapetom on Monday November 20, 2023 @03:18PM (#38354028)
The point was that there is already a bustling black market in Argentina not only for USD, but EUR and Crypto.

https://devonzuegel.com/post/inside-argentina-s-currency-exc...

In cybersec, the Argentinian scene is also one of the hottest producers of zero-day vulnerabilities. Those get paid in crypto, which is then washed to USD/EUR locally.

[ Parent | on HN ]
Re:Argentina's New President Wants to Adopt the Dollar as th... by fluoridation on Monday November 20, 2023 @03:34PM (#38354278)
Sure, but so what. The vast, vast majority of Argentinians are paid in pesos and can't save.
[ Parent | on HN ]