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{"id":3749,"date":"2021-08-13T06:48:08","date_gmt":"2021-08-13T06:48:08","guid":{"rendered":"https:\/\/www.cryptocurrencypanther.com\/2021\/08\/13\/argentina-to-join-el-salvadors-bitcoin-league-heres-what-argentinian-president-said-about-btc\/"},"modified":"2021-08-13T06:48:08","modified_gmt":"2021-08-13T06:48:08","slug":"argentina-to-join-el-salvadors-bitcoin-league-heres-what-argentinian-president-said-about-btc","status":"publish","type":"post","link":"https:\/\/cryptocurrencypanther.com\/2021\/08\/13\/argentina-to-join-el-salvadors-bitcoin-league-heres-what-argentinian-president-said-about-btc\/","title":{"rendered":"Argentina to Join El Salvador’s Bitcoin League? Here’s what Argentinian President Said About BTC"},"content":{"rendered":"


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El Salvador\u2019s Bitcoin adoption<\/a> triggered a long list of speculations about other nations joining the frenzy. Lawmakers from different Central American nations have also used it as bait to draw attention such as Paraguay.<\/a>\u00a0However, El Salvador\u2019s push certainly made many countries think about making Bitcoin a legal tender, especially those struggling with a financial crisis brought upon them by factors they can\u2019t control. Argentina is a perfect example of a country whose financial situation has been plagued by inflation.<\/p>\n

Argentinian President Alberto Fern\u00e1ndez believes Bitcoin<\/a> could potentially help the country get out of its inflation-infected misery. During a recent interview, the President said there is no reason to say \u201cNo\u201d to Bitcoin. He explained,<\/p>\n

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I don\u2019t want to go too far out on a limb but there is no reason to say \u2018no,\u201d the advantage of cryptocurrencies is that the inflationary effect is nullified. It\u2019s a worldwide debate. I must confess that it is a matter of attention, in my case. 20 years ago nobody imagined that Youtube would be what it is today. Maybe it is a good way.<\/p>\n<\/blockquote>\n