Living in Buenos Aires, many Bitcoiners ask me about BTC adoption in Argentina. The high inflation and devaluating peso makes Argentina the perfect use case for Bitcoin adoption... Right?

Well let me explain why it's not that straight forward and why stable coins like @Tether_to are so popular in Argentina.

TLDR
📈#Bitcoin is an investment.
💰US$ store of value.
💸Argentine Peso medium of exchange.

https://x.com/DSBatten/status/1760513654926266530?s=20

For many years the Argentine peso has experienced a strong devaluation. Over the last 10 years it has lost 99% of it's value in USD.

The chart below looks very similar to s#!tcoins from the 2017 ICO boom. 💩

The last few months eco-friendly #Bitcoin mining or biomining has been a trending topic. I looked into the opportunity for miners using wasted or stranded #biogas as an input. Making Bitcoin mining a #CarbonNeutral or even #carbon negative operation. 🧵👇 #Biogas is produced through a process called anaerobic digestion. A series of biological processes in which micro-organisms break down biodegradable material in absence of oxygen. Inputs can be:
- Waste crop residues
- Animal manure
- Municipal Solid Waste
- Wastewater sludge

#Bitcoin mining machines produce low-grade or low-temperature heat (from 40॰C up to 80॰C). There are several use-cases to re-use this heat 👇🧵 1/ District & Property Heating: in stead of conventional space heaters miners reuse the hot air to heat their garage, workplace and even their entire home.

https://twitter.com/techengineer21/status/1571947282123345921?s=20&t=w8MpYGD0NfBdqnANhUa5uQ