Why Argentinians Don't Trust the Peso | NYC
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0:00A: Like people in the US, it kind of puts a lot of trust into the traditional finance system because they’ve just never had a problem with it. So I think like what they don’t get is that this solves a lot of problems for people in the world. People are actually using it. Like it’s not like this potential thing that we’re trying to build. It’s something that actually exists. At least that’s been my experience.
0:21B: And so being someone from Ireland, how do you think about that? Like how does your Irish context inform that take you just offered?
0:27A: I mean, I think it’s more about living in Argentina now. Like, I use crypto on a day-to-day basis. There’s a lot of issues with the current financial system in Argentina, and people don’t really trust the peso. So people want to get into other currencies and hold their funds in USD or other things that actually are going to maintain their value. There’s a lot of -- not a lot of trust in the financial system there. So most of my money I keep in crypto and stablecoins.
