2024-09-13T07:05:41Z https://nostr.now Forest https://nostr.now/npub1x6tyj3529f3k0nua3qg846tzt4c34mvns7nnrv9dqt462j0k0quq7jg3e4 https://profilepics.nostur.com/profilepic_v1/0139dbccce28810c6258061481f99088ece133601e425f44a9dad8eef71a354b/profilepic.jpg?1726211121 https://profilepics.nostur.com/profilepic_v1/0139dbccce28810c6258061481f99088ece133601e425f44a9dad8eef71a354b/profilepic.jpg?1726211121 https://nostr.now/nevent1qqsr96gmxhv9fpf566f3thruqaru57h2pyeek8lv37nmax3y9qck38szyqmfvj2x3g4xxe70nkypq7hfvfwhzxhdjwr6wvds45pwhf2f7eursv9vkh8 In reply to <a href='/nevent1qqsrnzm0yzq9hql758fhxr9nazdvshgymd4quvrnnd7r8w7w037a2kgpremhxue69uhkgetk94ex2mrp0yhxkatzv5hxyttw9eehqctrv5qr07nr'>nevent1q…07nr</a><br/>_________________________<br/><br/>This is certainly a challenge. LatAm compares to Eastern Asia or Eastern Europe, in that a bottom-up adoption driven by currency devaluation meets a top down adoption from institutions offering services. <br/><br/>Adoption is also driven by a high volume of remittances flowing from high income countries to the region. <br/><br/>So, they’re ahead of the curve in terms of retail use and value transacted. <br/><br/>However, they like their stablecoins on a CEX much more than a cold storing maxi does. I mean, USDT on a CEX looks pretty stable and convenient, compared to the Argentine peso in a bank account.<br/><br/>So the challenge will be the Bitcoin part. To convince a region, battered by volatility, for a store of value that is more volatile than what they currently use… 2024-08-28T07:54:12Z