Bitcoin Is Trumping Dollars for Many Inflation-Weary Argentines

Bitcoin Is Trumping Dollars for Many Inflation-Weary Argentines

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Argentinians are buying Bitcoin to protect themselves from 276% inflation instead of rushing to exchange pesos for dollars, ending a timeless strategy that has made the crisis-prone country one of the world's top places to earn greenbacks. .

Bitcoin purchases in Argentina, one of the nations with the highest level of cryptocurrency adoption globally, approached their highest weekly value in 20 months on the local cryptocurrency exchange Lemon, the most popular among the country's retail customers South American.

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