2 years ago
With His Bitcoin Bet, Michael Saylor Mistook ‘Scarcity’ For An Inflation Hedge
Argentina has a population of 45 million, while Switzerland can claim roughly 8.6 million citizens. Where it gets interesting is that the Swiss franc is one of the world’s most circulated currencies, while the Argentine peso isn’t even the currency of choice in Argentina. Given the country’s history of devaluation, Argentines go to great lengths to exchange their pesos for dollars as a way of mitigating the horrors of devaluation.
Continue Reading
https://www.forbes.com
Join the Discussion