Hardware wallets are the first step to operating with cryptocurrencies. Picture Trezor.
Due to high inflation, a large majority of Argentines believe that aging cryptocurrencies is better than doing so in pesos. According to a survey by consulting firm Opinaia, Almost 70% of Argentines are considered that it is better to save in digital currency rather than in local currency, despite the volatility of the former.
Faced with this crypto -fueled enthusiasm at the local level, the Central Bank (BCRA) continues to the need to maintain a cautious attitude towards this market. “Crypto assets present challenges for their users, investors and for the financial system as a whole. The speed of developments and the growing interest in them are necessary to adopt a precaution. that attitude, ”the body led by Miguel Pesce said for users. of the little bird social network.
The BCRA tweet came later this week two private banks will allow the option to purchase cryptos from their platforms. “BCRA considers it appropriate to take into account the risks that crypto assets may carry, and recommends a cautious attitude to minimize a possible source of vulnerability for users and investors,” he said.
However, despite many warnings, this market continues to draw intense interest among Argentines. The study of Opinaia, drawn from a survey of more than 2,400 Argentines from different age ranges and from different parts of the country, it has been revealed that financial topics arouse interest and curiosity, especially in a bad economic context.
however, They also show great ignorance, of which only 38% of the people surveyed considered they knew about the matter. In this sense, the relationship between Argentines and finance can be described from three segments: a knowledgeable and interested third (investors), an interested third but with little information (curious) and another more stubborn third, with little interest and no information.
According to the study, Cryptocurrencies are positioned above more traditional investment methodssuch as stocks, mutual funds, and bonds. Although much is still unknown about its operation and dynamics, the general opinion is favorable, with a positive assessment of close to 80% of those who know about the subject, thanks to unique features such as its capacity for savings, ability earn and security.
“The disruption of cryptocurrencies in Argentina seems to speak very well to a climate of times characterized by general financial interest, an inflationary economy that brings uncertainty and the need to make more profits, and a definite indication of a lack of trust in the State and the financial system, “explained Guido Moscoso, Public Opinion Manager at Opinaia.
The consultant’s study showed that there are three consensus in relation to cryptocurrencies: They are a better alternative to savings than the peso, they are cost-effective and they are safe. However, opinions were more divided when asked if they were more convenient than saving dollars.
here within “general public”, only a third chose digital currency over the greenback. But among crypto insiders, 46% agreed with the idea that they were better than the US currency.
“Interest in buying crypto is the majority, its limitation is again the lack of knowledge about its dynamics. The segments most likely to buy are young people, fundamentally centennials, and men,” the report highlighted. .
Regarding the regulation of this market, which is being studied by various government actors these days, within the expert public, more than half of those consulted have expressed themselves against the State that regulates purchase and use of crypto assets.
YN
Source: Clarin
