Crypto Voices

PE80: Black market peso price via Bitcoin...

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the eightieth video installment from Porkopolis Economics, coverin...

2023-08-16

Episode notes

Check out show sponsor Coinkite: https://coinkite.com/


Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/




This is the eightieth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.




Contents


00:00 Intro


00:20 Official dollar price (in ARS)


04:09 Bitcoin price (in ARS)


06:58 Black market dollar price (in ARS)


11:00 Mainstream doesn't call it "black"




Here I cover the devaluation of the Argentine peso which occurred recently on 14 August. You may be surprised to know that there is a long-standing black market price for the peso, and you can actually back into this using the Bitcoin price (in Argentine pesos), as Bitcoin is one of the most liquid, free, and globally traded assets around the world.




Prior videos with further info:


https://www.youtube.com/watch?v=sVKzQYtX1PY


https://www.youtube.com/watch?v=A5tJCGoU9yE




Host: Matthew Mezinskis


https://porkopolis.io


https://twitter.com/crypto_voices




Show content is not investment or financial advice in any way.