Argentine Bitcoin Premium Shows Relativity of…

News BTC | Aug 15, 2019 at 10:00 PM
  • 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.