In America, those people are all quote trustworthy. There's no question who owns the house they don't have a reliable registry of ownership. I think there might be some title issues in Argentina. But you know, it's not something I've heard people talk about and I get the sense that it's at least lesser than other Latin American countries.
Devon Zuegel talks with EconTalk host Russ Roberts about the crazy world of money and finance in Argentina. When inflation is often high and unpredictable, people look for unusual ways to hold their savings. And when banks are unreliable because of public policy, people look for unusual ways to keep their savings safe and to make financial transactions. Welcome to Argentina, where Zuegel finds surprising applications of cryptocurrency for solving problems.