Bitcoin won’t save Argentina but a gold-backed stable coin could help citizens

and are in the state of classic inflationary recessions. has raised its interest rate to 60% to counter the peso’s depreciation against the USD which is down over 50% year to date – but only Argentinians holding would have fared worse. A that would serve a purpose is a stable coin redeemable for gold, as demand and price for gold in has typically surged during the trough of its recent busts.

Ledger Nano S - The secure hardware wallet

Syndicated from bravenewcoin