The dollar, once again, is at the top of Argentina's concerns, after rising 30% after Alberto Fernández's overwhelming victory over Mauricio Macri. And just as the Government tests policies closer to Kirchnerist thinking, a custom inherited from the epochs of the exchange rate was reborn: the commitment to digital currencies. In particular, for Bitcoin.Since 2011, the impossibility of acquiring foreign currency for hoarding added to technological talent - which is a registered trademark of the country - has made Argentina one of the powers of cryptoeconomics.In fact, Buenos Aires has the second largest virtual currency ecosystem in the world according to a Forbes survey. And of the 217 Fintech companies mapped by the Chamber of the sector, 12% (about 25 firms) are dedicated to operating with them.In recent days, the green fever was also "yellow." The transactions in Bitcoin (BTC) tripled and added a large number of Argentines looking for other alternatives to safeguard their savings."The purchase of Bitcoin was out of control: it rose 400% these days," Matías Bari, CEO and co-founder of Satoshi Tango, one of the country's leading currency exchange bureaus, tells iProUP. The executive details that the average amount per operation amounts to 30,000 pesos and adds: "While there were transactions of those who had already operated before, at least 20% are people without Bitcoin experience," he adds.Thus, the BTC reached its historical maximum in pesos and climbed to $ 740,000. Even, in many ATMs it was sold for $ 817,000. Although it has no parity with the dollar, its reference value is the greenback.The success of this alternative of capital protection is based on the fact that its model is decentralized, since it does not depend on a central bank that regulates it; and open, since the transactions are public and are kept in an inviolable registration system: the blockchain.In addition, the operations are linked to a password and not to personal data, so they are anonymous."The system is made up of all those who want to participate and regulated by mathematics, by cryptography, not by the governments of the day," explains Manuel Beaudroit, co-founder and CMO of Bitex, an Argentine company that provides financial services among the iProUP. which enables the sale of Bitcoin.In addition to the exchange houses or virtual currency exchanges, in Argentina the adoption of ATMs to acquire them is growing, such as:- Athena Bitcoin: aims to end the year with a total of 150 machines- The Octagon extra-banking network: it will begin this year to deploy its equipment. Project 2,000 in 12 months that will incorporate this service"Argentina is the country with the most developed ecosystem in all of Latin America, a bit because of people's concerns and another product of the economic situation and the successive crises," Matías Goldenhörn, director for Latin America of Athena, tells iProUP.Propitious (and volatile) contextIn a context where the peso devalued more than 30% in a few days, specialists say Bitcoin proved to be a good refuge from the swings of the local economy.Alberto Vega, Regional Manager for Latin America of BitPay, tells iProUP that it is an asset of "unique characteristics" as it is not under the orbit of any State: "It protects the most vulnerable and is accessible to anyone who has a smartphone."Beaudroit realizes another benefit: "It remains oblivious to any manipulation of sovereign markets and that makes it, today, the most independent asset. In addition, that it is decoupled is attractive to diversify risk, especially in a scenario of so much volatility. "The specialists agree that the technological development of digital currencies is in full expansion, and that this growth is, to a large extent, a product that more and more users are finding a greater value, typical of their intrinsic characteristics.For Dimas Vanini, head of Strategy of Inbest Network, the growth is tied to the proliferation of startups and local companies dedicated to the development of blockchain or new financial technologies. What is still missing, he says, is to have more financing to accelerate the progress of these companies that, in his opinion, "will be the next national unicorns.""The digital currency market is an excellent substitute for the dollar as a store of value. We strive to create tools that allow users to access these options to beat inflation," he adds.Growing ecosystemIn a Hootsuite report they reveal that more and more Argentines possess some kind of cryptocurrencies. "The country has enormous growth potential," explains Nora Palladino, in charge of relations for South America of Bitso, the most important exchange in Mexico, which has just landed in Argentina. With a growing interest in these types of assets, the Arrival of the digital exchange houses did not take long to arrive. Such is the case that, only this year, three companies announced their plans in this territory.One of them is Atlas Quantum, the largest cryptocurrency company in Latin America in size and revenue. It has 250 employees at its headquarters in São Paulo, more than 13,000 BTC in custody and has just installed its office in Buenos Aires."Argentina is a key market, only surpassed by Brazil in terms of customer quantity and volume for our business," Lautaro Rodriguez Barreiro, Country Manager of the Brazilian firm Atlas Quantum, tells iProUP.He adds that there is great "potential to believe since" high inflation and the depreciation of the peso make it increasingly likely that a good part of society will turn to these types of assets. ""Blockchain and Bitcoin will not only be part of the future but will be protagonists. Like all new technology, we are still in the adoption stage," says the economist.In a similar stage is Bitso. "We aim for a highly effective launch. Most of the investment is based on the acquisition of users through the digital channel," Palladino explains.From the company expect to be fully operational for the fourth quarter. In the short term, Bitso aims to expand to six Latin American countries with connections to local banks as a prelude to a complete global expansion.Another of the global players who stepped on albiceleste lands is Amber IA, the developer of Pantoshi, a digital platform to buy and sell digital assets taking advantage of the advantages that artificial intelligence offers today. Currently, it operates a daily volume greater than US $ 2 billion.Recently, the company announced the investment of US $ 300 million in Inbest and its arrival in the region. "We believe that Latin America is a market with immense potential that will undergo changes similar to those we saw in Asia. Argentina has the know-how and talent necessary to develop this new technology industry," Michael Wu, co-founder of Amber explains to iProUP To the.How to buy bitcoins in ArgentinaCurrently, there are several online exchange houses that allow you to buy and sell virtual currencies quickly and easily, with local payment methods.One of the simplest options is to purchase them online, from local exchanges. In this way, it is not necessary to know too much about how the Bitcoin wallet works, since they offer their own that facilitates the whole process.That is, it is not necessary to operate with a public key, equivalent to a bank CBU, to identify the account; and a private one, which acts as a PIN to access the account. Both are made up of an extensive series of alphanumeric characters.In addition, they allow you to create an online account and buy and sell BTC or other digital currencies through bank transfers, credit cards, Mercado Pago and even collection networks, such as Rapipago and Pago Fácil.Some examples are:            - Satoshi Tango            - Gravel            - Bitex            - BuenBit            - CryptoMKTAnother mechanism is to use the ATMs that Athena Bitcoin is installing in kiosks, shops and shopping malls. In this case, the Athena wallet or that of a third party could be used in the case of more experienced users.To buy, you have to enter tickets in the equipment that will be converted to pesos and enter the wallet address by scanning a QR code, printing a virtual wallet on paper or entering the address by hand, which is the least recommended option because of the probability of error.Finally, there is the possibility of acquiring the virtual currency in LocalBitcoin. It is the most used global platform to connect buyers with sellers. It is an option for people experienced in the use of crypto currencies and better rates are obtained than in exchanges.In all cases, it will be necessary to provide personal information and scan an identity document and take a selfie, requirements requested from companies to comply with the anti-laundering regulations.For four decades, Argentines did not hide their passion for saving in dollars. In the era of the digital economy, the tradition was converted "to measure": nothing better than to guard against any political decision than betting on a currency that no state regulates. The "libertarian" utopia version 4.0.

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