
SLP498 BowTiedMara - Bitcoin and Geoarbitrage in Argentina
Stephan Livera Podcast
00:00
The Future of Cash in Latin America
I think about 40 or 50% of the whole Argentine economy functions on cash. And that's just so companies don't have to pay that much tax because taxes here are really insane. So everybody tries to avoid taxes as much as possible. But I think of it like we can stave off that CBDC future if more of us use cash, right? Because in some sense, we're keeping it alive.
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