Argentina is fast moving towards crypto, and what if the IMF changes its course instead of helping against it?
Economic problem in Argentina
The economic condition of Argentina has worsened, and the inflation rate has reached 104%. In such a situation, people are insisting on getting rid of the IMF and turning to crypto,, but the government of the country does not have such a clear choice yet (the ruling politicians are afraid of going to power, and the opposition is afraid of own economy).
The IMF vs Crypto
The IMF has announced a $45 billion bailout package to rescue Argentina's crumbling economy. But a condition has also been added to this package: Argentina will change its pro-crypto image, that is, adopt an anti-crypto attitude.
The Undecided
It's an interesting controversy, as the IMF package is necessary to improve the economic condition of Argentina, while the growing crypto economy in South America does not want to risk being left behind. This is a bone in the neck for Argentina.
