Binance Square

boliviano

245 views
2 Discussing
Marcelo9494
--
See original
Bitcoin in Bolivia: Investment or risk in times of crisis?Bitcoin (BTC), although less used than USDT, is gaining ground in Bolivia as a long-term investment asset. With a value that surpassed 452,000 bolivianos per unit in 2024, many see it as a hedge against inflation and the loss of purchasing power of the boliviano. However, its volatility and the lack of a clear fiscal framework discourage its use in daily transactions. Experts like Huascar Miranda recommend financial education to avoid losses, as 99% of novice traders fail.

Bitcoin in Bolivia: Investment or risk in times of crisis?

Bitcoin (BTC), although less used than USDT, is gaining ground in Bolivia as a long-term investment asset. With a value that surpassed 452,000 bolivianos per unit in 2024, many see it as a hedge against inflation and the loss of purchasing power of the boliviano. However, its volatility and the lack of a clear fiscal framework discourage its use in daily transactions. Experts like Huascar Miranda recommend financial education to avoid losses, as 99% of novice traders fail.
Login to explore more contents
Explore the latest crypto news
āš”ļø Be a part of the latests discussions in crypto
šŸ’¬ Interact with your favorite creators
šŸ‘ Enjoy content that interests you
Email / Phone number