Crypto ATMs provides CONFIDENCE and SECURITY in Argentina
 

For the people who say Bitcoin or other crypto are worthless stores of value, this news is for you.

Arguing that a given crypto is more stable than the Argentinian peso is not saying much.

Toilet paper would be a better currency than the peso at this rate.

The UNCERTAINTY and INSECURITY are right outside the argentinian ATM's door . . .

You have a point. Commodities are great stores of value during periods of hyperinflation. Still, the news is a form of crypto validation

I was in Argentina during the last pesos crisis. They forbid the USD so people had to use the pesos. Everwyhere where little 'underground' shops where you could buy and sell USD. I had USD in cash with me (tourist can bring USD), the exchange rate in those shops where 30% higher than on the bank or ATM. People want USD, they will get USD. And some might like bitcoins. And if they can forbid USD, they also can forbid bitcoins whenever they want. I would go for the USD. Depending of the USD/Pesos exchange rate. In the end, you need USD to buy food if the crisis continues..

I've been in so many countries where you can buy a literal block of currency with 100$

I can't wait till all currency is digital in every country. Because, let me use Alex Jones for example. Nowadays if someone goes against the grain and dares to speak what isn't popular, they'll just lose their social media accounts. Big whoop.

But when all currency is digital, if anyone dares to offend or speak out against something, all their money accounts can be immediately frozen and stay that way for up to, say, 6 weeks while the offense is investigated. The "good old days" when the only punishment was the loss of social media accounts will be laughed at.

Oh, you can't pay your bills now? Can't pay your rent? Can't pay your car payment? You're going to starve to death? Well, maybe you should have thought about that before you chose to go against social justice.

You know the day is coming. You can't prevent it. And you'll embrace it, or else.

I get your point, but how is that if the most resepectasble cryptos are PRIVATE & DECENTRALIZED ?

What's private about a public ledger? What's decentralized if someone can own 50.1% of a specific crypto? Given the small crypto market cap, if the US government bought 50,1% of all bitcoins they could shut it down or control/manipulate it.

Monero and others/ different wallets/ Proof Of Stake ?