Bitcoin Limits Influence On South America – Bitcoin Magazine

This is an editorial opinion of Vinicius Piscinia bitcoin prize.

Despite the great growth potential of countries in Latin America, such as Brazil, Argentina, Chile and even Paraguay, external influences contribute to their stagnation and purported economic decline. We can assert that the international protectionism that potential would provide in normal times of fair competition has been curtailed by the manipulation of great powers, notably the United States and China. ..

Some players are interested in making their influence in developing countries. The US financial system, characterized by the hegemony of the dollar in international reserves and the concordance of US monetary policy with respect to other countries, ensures that the US is in a position to inaccessible in the diplomatic sphere. Bitcoin can be a disaster for this, thanks to its decentralized system and more importantly, the fact that it has no controlling authority (not even a known founder), which makes for unfair competition is not possible.

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