- Thread Author
- #1
With strict capital controls and a soaring parallel dollar, Argentinians have found a creative way to protect their savings: a Bitcoin-based carry trade. By purchasing BTC with pesos at the official rate and then converting it to stablecoins abroad, they’re earning up to 50% yearly in USD.
This method bypasses traditional banks and leverages crypto platforms like Binance or DeFi tools. It’s not just investing it’s a practical way to gain dollar exposure and stay ahead of inflation.
Crypto is more than hype here it's a lifeline
This method bypasses traditional banks and leverages crypto platforms like Binance or DeFi tools. It’s not just investing it’s a practical way to gain dollar exposure and stay ahead of inflation.
Crypto is more than hype here it's a lifeline