Check Argentina bitcoin demand in localbitcoins data

[Anonymous No.16643720]

This was the last day of free credit card usage in argentina , after today all purchases from credit cards from Argentina will have a 51% government tax(yes 51%).

Look how the demand for btc has started to grow, considering after the halving 800 btc will be created per day it would not be crazy to expect Argentina to buy at least 1/3 of those by next year since bitcoin is becoming the default wire system.

[Anonymous No.16643742]

>>16643720
holy fuck, what's the reasoning behind that tax? simple corruption?

[Anonymous No.16643837]

>>16643742
more gibs

[Anonymous No.16643847]

>>16643742
Corruption is the cause of the deficit , the deficit is the cause of the lack of foreign currency.

So they need to prevent people of buying with cards to "save central bank reserves", also i warned everyone here this would happen

>>/biz/thread/S16098620

I just did not expect this to happen this fast , instead of banning credit cards as i expected in 2021 they simply made them unusable in 2019.

They know that with bitcoin + credit cards the capital controls won't work because the central bank would be destroyed in months.

Because people would be able to do bitcoin arbitrage with a card.
Buy freelancer service with card (a friend in murica for example) > pay 5% fiver fee > buy bitcoin in burgerland > resell bitcoin in argentina were it's bought at a premium of 20% due to lack of supply in the local crypto market.

This is hillarious we are going full hyperbitcoinization now as bitcoin has become the only way to buy stuff online.

https://coin.dance/volume/localbitcoins/ARS

If you want to know more of the political background i made this thread

>>>/pol/237017128

[Anonymous No.16643849]

>>16643720
Great bro, nobody cares.

[Anonymous No.16643861]

>>16643720
Is this image real? Is Joe /ourguy/? Are Argentinians white? Serious questions

[Anonymous No.16643872]

>>16643849
Bitcoin became the only way to buy stuff online for an entire country and "nobody cares".
This shit is insane i expected this to happen in 2021-2022 not 2019.

[Anonymous No.16643951]

>>16643872
Listen faggot, do you see any change in the market? Because I don't. Don't act like it's going to affect you in any way.
Oh, wait, are you by any chance an Argentinian nigger?
Is that why you are so concerned?

[Anonymous No.16643968]

>>16643872
With Jews, the future is now.

[Anonymous No.16643973]

>>16643951
Yes my entire city is filled with crypto ads , yesterday i saw one from an exchange that said "we don't need the dollar anymore , we have bitcoin now".

It's fucking happening , the fire is rising.

[Anonymous No.16644012]

>>16643973
Where? Cause I don't see any green candles.

[Anonymous No.16644024]

>>16643847
what if there's a clamp down on bitcoin in Argentina? do you think that's possible?

[Anonymous No.16644029]

>>16644012
You are thinking short term an entire country is going full crypto and you think of candles?

I am not larping argentina will be buying 1/3 of the mined coins next year it's going to accelerate.

[Anonymous No.16644039]

>>16644024
People already trade it p2p in cash, argentineans are even leaving localbitcoins due to kyc shit and moving to alternatives, if they cuck centralized exchanges they only make arbitrage more worthy to do and put more pressure in credit cards and the central bank.

Shit's going to get interesting.

[Anonymous No.16644068]

>>16644012
youre an idiot. you clearly have no understanding of how markets work. just fuckin necc yourself.

[Anonymous No.16644075]

Source?

[Anonymous No.16644095]

>>16644075
https://en.mercopress.com/2019/12/19/argentina-emergency-bill-in-congress-30-tax-on-dollar-purchases-and-six-month-freeze-on-public-utilities-rates

Also there is a 21% tax above that 30% tax , shit is collapsing.

[Anonymous No.16644138]

>>16644068
t. retard who bough BTC at 20,000

[Anonymous No.16644483]

>>16644138
>>16644012
>>16643951
>>16643849
>t. assblasted central banker