Tag: Argentine Peso

Argentine Peso Devaluation Imposes Remittance Limits – Perfect Opportunity For Bitcoin

Bitcoin is often looked at as the perfect candidate to take on the remittance business model as we all know it. Services such as Western Union and MoneyGram have a tight hold on this market and get away with charging outrageous fees to customers.  However, an opportunity is presenting itself in Argentina, where continuing devaluing of the Argentine Peso has led to a remittance limit through traditional means. Also read: …
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American Airlines No Longer Accepts Argentine Peso – Opportunity for Bitcoin

Despite there being multiple issues with fiat currency as we know it today, things take a drastic turn for the worse once a local currency becomes utterly useless. American Airlines, one of the world’s leading airlines in the world, announced they are no longer accepting payments in Argentine Peso. There is no better time than now to get start working with Bitcoin payments. Also read: Bitcoin Mining and Renewable Energy …
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