/biz/ - Business & Finance

>>16113204
retard they are trying to keep their hyperinflating shitcoin together. every country experiencing severe inflation tries to ban bitcoin and gold and usd.

>>16113204
>Can't use a credit card to buy
>Same law as most countries

it over guys, was fun while it lasted but Argentina just killed Bitcoin

>>16113204
More like an economy on the brink of collapse is desperately trying to retain national faith in its fundamentally worthless fiat monopoly money

>>16113204
Thank God btc is a shitshow. Time for bsv.

>>16113204
>ban
retard

btw this is awesome
>buy btc with cc
>repay debt from next paycheck that is 200% more cause 300% inflation.
rise and repeat!

Bullish info

>>16113236
your forgot they take your paycheck and hide it from you, therefore you don't need to pay it back anymore

rinse and repeat

>>16113221
>>16113214
Cope. Nobody can buy bitcoin if the government wont let you buy bitcoin. Every country is going to ban it to protect their currency and protect their people from fraud.

>>16113324
cope

>>16113324
>Every country is going to ban it to protect their currency and protect their people from fraud.
2010 want's it's memes back. only shitholes banned bitcoin so far and it never accomplished anything.

>>16113324
implying governments are sovereign
implying elites don!t aim for the one world e-currency
BTC is unironically a hedge against NWO, not the gold

I refuse to cry for Argentina.

>>16113371
What makes you think the NWO will allow bitcoin to exist? The only reason why they haven't crushed it yet is because its still completely irrelevant to bother. .

>>16113324
>nobody can buy drugs if the government won't let you buy drugs

Nice, real fucking nice understanding of the world you've got there you fucking idiot.

>>16113397
you can't be serious...
it's been covered/shilled for years on mainstream media

>>16113415
Government actually makes money off of drugs and keeping them "illegal" gives them an excuse to arrest people.

Why would they allow bitcoin to exist if it is only there to undercut their authority and national currency?

Argentina is falling for the Muh laws say Bitcoin Bad meme... They will look like utter fools and eventually have their Central Bank hold as much Bitcoin as possible before they all starve just like the others that don't adapt to where this is all going. \biz\ Based Argentinians know better and will overcome and leave if necessary to escape the retards in office

>>16114864
Your based Argentinians wont be able to buy bitcoin because their countries banned them from doing it. Just like dominoes, every other country will follow. This is the beginning of the end for crypto.

This will only drive the price up

>>16115506
Up if you mean down to zero.

>>16113204
I have never even heard of this country before

>>16115857
Look at a map sub IQ

>>16113204
You do know not being to buy BTC with a credit card isn't the same as banning BTC, right? You also know Argentina isn't relevant, right? This board is so dumb

>>16113365
>2010 want's it's memes back. only shitholes banned bitcoin so far and it never accomplished anything.

if USA bans visa and mastercard from buying crypto, crypto is dead.
USA can pick from random whatever reasons it needs to ban visa/mastercard crypto purchases.

>>16113557
im off two minds, bitcoin and crypto have been pushed in mainstream globohomo shows...so that means its apart of the greater agenda.
And the US government hasnt come down with the hammer against it.

>>16113204

>vote for communism
>country implodes
>forced to flee into bitcoin
>commies ban it

South Americans are such fucking retards.

>>16115857
Unironically based as fuck

>>16116559
You just described the natural progression of the rest of the world. This is the future the globalists want. Bitcoin is fucked.

>>16113204
This doesn't even stop you from buying it just makes localbitcoin style sales have larger margins for profit. If you live in argentina and have BTC or even an american credit card you can arbitrage the hell out of it.

>OP has never brought G's to a mall to buy BTC from a mutual "friend"

>>16113204
bullish af

>>16116633
I don't know what a G is, but if you don't think this is the first step on the path of completely banning buying crypto then you are a fool.

>>16113204
explain how you ban bitcoin, boomer

>>16116676
how would a weak third world government ban it beyond fiat ramps? Cash to crypto via cash sales like I just described would be incredibly easy to conduct and virtually impossible to enforce a ban on (especially in a weak corrupt state).

>>16116633
Based Oldfag that bought BTC face to face
Are you me?
>>16116676
It's '13 FUD all over again, newfag

>>16116727
kek not even an old fag just peak of 2017 when you couldn't even get liquidity on coinbase as a new account. My being blocked from coinbase just resulted in a cash buy

This is the "then they fight you" part of the meme.
If a country has to ban an internet based technology, they've already lost. All neighbouring countries can make bank by selling btc to desperate peso bagholders.
Even USA banning crypto commerce would be too late, since China is going all in crypto. USA would simply deny itself billions of investor capital which would flee to Asia, welcomed with open arms by financial centres like Singapore, Hing Kong, etc.

>>16113204
This is what local.bitcoin.com was made for.
Peer to peer, non custodial.

>>16113204
>Crypto crappers on absolute life support. Its over, bitcoin is officially dead.


hahahaha argentinean here , they are literally restricting credit cards because people where doing arbitrage by buying btc internationally and selling here locally at a higher price.

The funniest thing is that it's possible to do that , crypto is mooning here i am seeing propaganda from the local exchanges even on busses or in the subway.

Also localbitcoins is massive here , and there are cash to btc exchanges.

>>16113204
>Crypto crappers on absolute life support

Not only that's not the case , the spread has become so big that as a freelancer I AM BEING PAID to get my money into the country with btc.

With atms i pay fee , with paypal i pay fee , with banks i pay fee , if i use btc they pay me hhahahahaha.

The revolution won't be centralized every smart argentinean is buying crypto internationally and selling it locally making 15% per trade and emptying the central bank reserves in the process.

>>16113214
How will gold and usd ever recover??

>>16113324
Fuck of noruiel , the only fraud are keynsians and their central banks.

We are moving to cryptos in this country and there is nothing you fags can do.
I even saw 3 days ago normies on reddit speaking of using bitcoin to buy stablecoins to bypass capital controls.

You don't even know wha'ts coming statecucks , once bitcoin has lowest inflation than fiat next year history will remember our current failed institutions just as people remember monarchy , a retarded institution that we never needed in the first place.

>>16116477
Are they gonna ban localbitcoins too? Kek.

too many retards wrecking their lives with bitmex using credit cards as financing

>>16113397
The NWO OWNS Bitcoin, it's run by the Bilderberg group and AXA

>>16113574
>Why would they allow bitcoin to exist if it is only there to undercut their authority and national currency?

They also don't let us buy usd and we will do it anyway.

>>16114952
And every week we have a new exchange and we won't give a shit , also our localbitcoins traders all will trade for cash if contacted.

>>16116559
Statecucks voted for communism , the middle class is doing a scorched earth defense.
The ammount of money in our banking system is collapsing as everyone is emptying their accounts in pesos , usd and euros.

Our central bank reserves are collapsing as people where buying usd and after they banned the purchase of foreign currency people started to buy cryptos with cards to bypass the limit since they won't be able to control all credit card purchases soon they will have to ban credit cards forcing everyone into cryptos.
That or the central bank reserves will go to 0 as anyone can do arbitrage buying cryptos at international price and selling at higher local prices.

I even warned this would happen 1 day before the government announced it.

>>16098620

They reacted so fast because the reserves of the central bank where falling at a rate of 1 billion usd per day.

>>16116592
Bitcoin will be the last thing standing cuck.

>>16116633
>If you live in argentina and have BTC or even an american credit card you can arbitrage the hell out of it.

This guy get's it

>country bans bitcoin
>bitcoin is the only reliable currency
>consumers can't get more bitcoins at international price, Bitcoins price inside argentina explodes.

KEK

>>16117394
AXA? Axactor?

>>16113324
> move your assets to an online banking service
> buy crypto anyway

Suck my dick.

>>16117409
*Axactor.ose ?

>>16117409
the insurance company

>>16113204
ok boomer

>>16117406
You forget the most interesting thing i am seeing as an argentinean.

>consumers can't get more bitcoins at international price, Bitcoins price inside argentina explodes.
>Consumers can use credit cards to buy btc online at international exchanges
>They can resell locally making 20%
>They get airline miles for using their credit cards
>The central bank reserves go to 0

The only way they can stop it is by literally banning credit cards and forcing everyone into crypto.

That or hiring 50k retards to monitor every credit card purchase , i mean they would have to ban nearly 80% of credit card purchases , since even if you buy it to yourself on ebay or hire yourself in a freelancing site with the card and pay 5% fee the arbitrage is still giving you a massive gain.

As i pointed it here.

>>16098620

I knew btc would make capital controls retarded , but what i never saw or expected is that it would literally destroy a central bank doing capital controls.

Due to the arbitrage it's unstoppeable , bitcoin will destroy our central bank and return us to a pre 1913 monetary system.

I can't believe this shit but it's what is happening , even the normies noticed how to do it.

>>16116477
Crypto will take a hit potentially, but crypto will always be here newfag.
Besides the US already had a chance to ban it in '15. It's here to stay, albeit with regulation.

>>16116477
>He thinks most people buy cryptos with cards