Latin America turning to Crypto

Latin America & Cryptocurrencies

Issue in Latin America

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Affected Countries

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The Escape Route

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Crypto to the Rescue

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The Crypto Adoption

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Even More Adoption

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The Way Forward

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Also Read:

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We're on You Tube

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Latin America & Cryptocurrencies

Latin America & Cryptocurrencies

Issue in Latin America

Issue in Latin America

Latin America has been a victim of hyperinflation, resulting in economic problems because of poor central bank policies.

Affected Countries

Affected Countries

The inflation has skyrocketed to 60% in countries like Argentine, Venezuela, Mexico, Peru & more.

The Escape Route

The Escape Route

The countries rely heavily on US Dollar to hedge against inflation but high taxation limits the buying power per user.

Crypto to the Rescue

Crypto to the Rescue

Many citizens are shifting to crypto stablecoins & Bitcoin as a store of value despite govt. ban

The Crypto Adoption

The Crypto Adoption

A study by Americas Market Intelligence found Argentina reaching 12% crypto penetration, highest among Latin countries

Even More Adoption

Even More Adoption

Venezuela has the highest usage of cryptocurrencies in the world for inward remittance & savings

The Way Forward

The Way Forward

With this rate, Latin America can become the crypto continent & the first to eliminate fiat currencies & central banks.

Also Read:

Also Read:

1..Crypto Crimes

1..Crypto Crimes

2..Crypto Hotels

2..Crypto Hotels

3..Celsius Liabilities

3..Celsius Liabilities

We're on You Tube

Find the best Crypto content only on Katoch Tubes