marcelo on Nostr: Nobody talk about #bitcoin here (just a few) I think people here in my country use ...
Nobody talk about #bitcoin here (just a few) I think people here in my country use mainly stablecoins (USDT) when they work for another country, because we have problems to receive dollar, mainly because you must declare dollars you receive and the government change it to pesos to the official value, and that’s half the value in the black market. Now you can declare until $1,000 without doing that swap to pesos at the official rate, but nobody wants to declare their money, so they prefer to use USDT or another stablecoin as they salary instead of bitcoin.
Nobody around me likes #bitcoin (family, friends, coworkers) they think bitcoin is too volatile and nobody has money to risk, they prefer to buy dollars as a store of value, put their pesos in a fixed-term deposit (>208% APY), or buy long-term goods, as a way to lose less. We are too early here.
Published at
2023-09-27 17:53:55Event JSON
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