Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money

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Whenever bitcoin experiences a sharp drop or volatility, mainstream media analysts jump to declare that cryptocurrency isn’t stable enough to be considered money. The double-digit crash of the Argentine peso in one day, simply due to an election in the country, can be said to prove the same about fiat. Also Read: Big Banks Enabled Jeffrey Epstein’s Sex Trafficking Crimes Vote Sends Peso Into Free Fall On Monday Argentina’s peso currency dropped over 30% in value to a record low of 65 pesos per 1 U.S. dollar. The country’s central bank intervened in the foreign exchange market, using its reserves…
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Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money

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