Argentine Bitcoin Premium Shows Relativity of “Safe-Havens”

Bitcoin has been trading for a premium of between 8 and 28 percent on the Argentina-facing section of LocalBitcoins. The higher prices compared to those advertised by traders on the peer-to-peer marketplace from the rest of the world highlights that demand is high for Bitcoin in the South American nation.
With all the current talk of whether or not Bitcoin is worthy for use as a safe-haven asset, the LocalBitcoins figures highlight that a safe-haven asset is a very subjective concept.
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