Isn't Bitcoin better than Argentinian peso, wonders Uday Kotak
Wed, Mar 20, 2024 1:19 PM

Isn't Bitcoin better than Argentinian peso, wonders Uday Kotak

A Flip by Avya Verma
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Amid reports that people in Argentina are buying Bitcoin to protect themselves from inflation, billionaire banker Uday Kotak today wondered whether the cryptocurrency is better than the Argentinian peso with 276% inflation. When countries manage macro badly, savers move to protect the value of their savings. Traditionally it was gold. Now bitcoin too!

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