Statistics: Since 2018, the weekly transaction volume of Bitcoin in Argentina has increased by 1028%

Arcane Research tweeted that since the bitcoin crash in 2018, the bitcoin transaction volume of Argentina on the peer-to-peer trading platform LocalBitcoins has continued to hit a new high, and the weekly transaction volume of bitcoin purchased with Argentine peso has increased by 1028%. This may be related to the country’s possible default of 65 billion US dollars in external debt and severe inflation.