Franco Amati: Bitcoin in Argentina
My guest is Franco Amati, founder of Bitcoin Argentina and member of laBitconf – the biggest Bitcoin conference in Latin America, the Bitcoin embassy Buenos Aires, and Bitcoin Iberoamérica foundation. We are discussing the importance of Bitcoin for the people of Argentina, who have to deal with harsh capital controls that allow them to only buy foreign currency up to 200 USD per month with 65% tax and an inflation of 50%.
- Franco Amati’s Bitcoin story
- 50% Inflation in Argentina
- How capital controls hurt the people
- Use cases for Bitcoin in Argentina
- Confiscation through fake rates
- Message about a ban of Bitcoin
- Importance of the Lightning Network
