Bitcoin in Argentina: Capital Controls, 65% Tax, and 50% Inflation

In this episode of The Anita Posch Show, she interviews Franco Amati, founder of Bitcoin Argentina and member of laBitconf – the biggest Bitcoin conference in Latin America. They discuss the importance of Bitcoin for the people of Argentina, who have to deal with harsh capital controls that allow them to only buy foreign currency up to 200 USD per month with 65% tax and an inflation of 50%.

Other topics covered in the episode include:

• Franco Amati’s Bitcoin story
• 50% Inflation in Argentina
• How capital controls hurt the people
• Use cases for Bitcoin in Argentina
• Confiscation through fake rates
• Message about a ban of Bitcoin
• Importance of the Lightning Network

The episode premiered on April 15, 2021.