PE80: Black market peso price via Bitcoin...

PE80: Black market peso price via Bitcoin…

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This is the eightieth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:20 Official dollar price (in ARS)

04:09 Bitcoin price (in ARS)

06:58 Black market dollar price (in ARS)

11:00 Mainstream doesn't call it "black"

Here I cover the devaluation of the Argentine peso which occurred recently on 14 August. You may be surprised to know that there is a long-standing black market price for the peso, and you can actually back into this using the Bitcoin price (in Argentine pesos), as Bitcoin is one of the most liquid, free, and globally traded assets around the world.

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Host: Matthew Mezinskis

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