As Economy Declines, Bitcoin Use Climbs In Argentina

By  |  July 17, 2013
 | 

The number of Bitcoin transactions originating from Argentina has jumped from 1 percent to 3 percent, according to new research from Argentina-based bitcoin meetup group, The Genesis Block, TechCrunch reported. 

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    The media outlet suggested that the country’s consumers are investing in Bitcoin as a way to protect themselves from Argentina’s worsening economy.

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    For more on this story, read the full report here.

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