Where Bitcoin Fits as Argentina Faces a Dollar Shortage and 100%+ Inflation
The Breakdown
Blockworks
4.8 • 806 Ratings
🗓️ 24 April 2023
⏱️ 20 minutes
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| 0:00.0 | based on the infrastructure in place and based on the politics as they are in Argentina. |
| 0:04.5 | Some mass shift to a Bitcoin system just isn't in the cards. But at the same time, he points out |
| 0:09.9 | that he saves in Bitcoin. And when we think about the innovation of Bitcoin and the power |
| 0:15.4 | of Bitcoin, the idea that there are people like Mara and probably people who are close to him, |
| 0:20.4 | who know him, |
| 0:21.1 | who run in his same circles, for those folks to be able to opt out or at least hedge against, |
| 0:26.4 | an insecure monetary regime that they have to participate in only by accident of birth |
| 0:30.2 | is tremendously different than what it was like before Bitcoin existed. |
| 0:35.5 | Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, |
| 0:42.3 | and the big picture power shifts remaking our world. What's going on, guys? It is Monday, April 24th, |
| 0:52.2 | and today we are discussing Argentina and the emerging economic crisis, |
| 0:57.7 | or really the continuing economic crisis, that is unfolding there right now. |
| 1:02.4 | Now, before we dive in, a quick note. First, if you are liking to break down, I would so |
| 1:07.5 | appreciate it if you would leave it a five-star rating or a review. It makes a huge |
| 1:11.2 | difference and really helps new people discover the show. Second, if you want more big picture |
| 1:16.2 | power shift content, go check out the Breakdown Network's other new shows. We've got Bitcoin |
| 1:21.0 | Builders and the AI breakdown, both of which you can find by going to breakdown.network. |
| 1:26.8 | Third, if you want to get deeper into the |
| 1:28.3 | conversation, come join us on the Breakers Discord. It is an awesome and growing community, and we would |
| 1:33.2 | love to have you. Bit.L.L.S. Breakdown pod to find it. Lastly, I've just announced that we've |
| 1:39.3 | rebooted the breakdown newsletter. Each weekday morning, it will be the five most interesting or important |
| 1:45.0 | stories in Bitcoin, crypto, and macro, and you can find that at Breakdown. B-H-I-I-I-V.com, and I'll |
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