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re: Winklevoss Twins Plan First Fund For Bitcoins
Posted on 7/9/13 at 8:50 am to Coeur du Tigre
Posted on 7/9/13 at 8:50 am to Coeur du Tigre
If Bitcoins were as untraceable and anonymous as Wiki alleges, then why haven't Argentines bought up every available Bitcoin? The total market value of all Bitcoins is less than $1 billion but Argentines hold an estimated $160 billion of illegal American currency. I guess this is proof that there aren't any Argentines as smart as Wiki, and the Winklevoss brothers, since they are foregoing the opportunity to convert their useless fiat currency to the miracle that is crypto-currency.
1
Posted on 7/9/13 at 9:15 am to Poodlebrain
quote:
If Bitcoins were as untraceable and anonymous as Wiki alleges, then why haven't Argentines bought up every available Bitcoin? The total market value of all Bitcoins is less than $1 billion but Argentines hold an estimated $160 billion of illegal American currency. I guess this is proof that there aren't any Argentines as smart as Wiki, and the Winklevoss brothers, since they are foregoing the opportunity to convert their useless fiat currency to the miracle that is crypto-currency.
Take this FWIW: Bitcoins Soar In Value In Argentina Due To Capital Control Laws, Bitcoin MeetUp Held In Nation’s Capital
quote:
Compared to Argentina’s much more freedom-orientated neighbor Uruguay, values of Bitcoins in Buenos Aires are between 30% and 40% higher than just 75 kilometers away in Colonia del Sacramento, Uruguay according to Argentinian Bitcoin expert Mauro Betschart.
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