In 2008, the problem with coins was real. There were not enough coins. I had to pay 4 or 5 bus tickets each day and it was difficult. Some of the solutions were to find a relative that can go to a bank to exchange bills for coins, or ask friends with cars to exchange bills for coins.
Now the problem is that the values of the coins is too low. 1 USA$ = 14 ARG$. So the value of the 0.10 ARG$ is less than 0.01 USA$ = 1 penny. So in most cases you just ignore it. The smaller coin that is currently in use is the 0.50 ARG$ = 0.07 USA$, and if you are lucky you can get a 0.25 ARG$ = 0.20 USA$ coin.
Also, the bitcoin use is not so popular as described in the article.
The "fertile ground for radical financial experiments" is true. If you enjoy economic experiments, grab some popcorn and wish us luck.
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[ 2.2 ms ] story [ 9.2 ms ] threadIn 2008, the problem with coins was real. There were not enough coins. I had to pay 4 or 5 bus tickets each day and it was difficult. Some of the solutions were to find a relative that can go to a bank to exchange bills for coins, or ask friends with cars to exchange bills for coins.
Now the problem is that the values of the coins is too low. 1 USA$ = 14 ARG$. So the value of the 0.10 ARG$ is less than 0.01 USA$ = 1 penny. So in most cases you just ignore it. The smaller coin that is currently in use is the 0.50 ARG$ = 0.07 USA$, and if you are lucky you can get a 0.25 ARG$ = 0.20 USA$ coin.
Also, the bitcoin use is not so popular as described in the article.
The "fertile ground for radical financial experiments" is true. If you enjoy economic experiments, grab some popcorn and wish us luck.