Argentinians Ditching US Dollar, Turning to Bitcoin in Droves Amid 276% Inflation: Report
Argentines are reportedly buying Bitcoin (BTC) instead of the US dollar to protect themselves from currency devaluation. According to Bloomberg, Argentina-based crypto exchange Lemon is seeing a large increase in Bitcoin purchases as the South American country faces an inflation rate of 276%, one of the highest in the world. In the week ending March...