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<p>The post <a href="https://coinpedia.org/crypto-live-news/argentines-turn-to-bitcoin-amid-276-inflation/" rel="noopener noreferrer nofollow">Argentines Turn to Bitcoin Amid 276% Inflation</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Argentines are reportedly moving much of their savings to Bitcoin to counter the 276% inflation, one of the world’s highest inflation rates. Bitcoin is being used to safeguard their wealth instead of exchanging pesos for dollars. The Bitcoin purchases in Argentina are at a 21-month high, with Lemon reporting a significant increase in transactions, with almost 35,000 purchases of Bitcoin recorded in the week ending March 10. This portrays a growing trend among Argentines to seek financial stability amidst the massive recession. The government has also been supportive of crypto investments.</p>

Argentines Turn to Bitcoin Amid 276% Inflation

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