The Scoop

Despite Argentina grappling with an annual inflation rate surpassing 100% and enduring strict capital controls, many citizens still opt to trade currency via illicit "cuevas" and maintain bundles of near-worthless cash, rather than embracing the potential benefits of cryptocurrencies.
In this episode, The Block's Nathan Crooks breaks down his research into why crypto adoption in Argentina is not more pervasive, and The Block editor and Argentinian resident Christiana Sciaudone shares her local perspective on the Argentinian currency crisis.
During this episode, Chaparro, Crooks, and Sciaudone also discuss:

Why Argentina has multiple exchange rates for U.S. dollars

How locals think about different cryptocurrencies

Crypto businesses building in Argentina

This episode is brought to you by our sponsors Circle and CleanSpark.
About Circle
Circle is a global financial technology company helping money move at internet speed. Our mission is to raise global economic prosperity through the frictionless exchange of value. Visit circle.com/Scoop to learn more.
About CleanSpark
CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. Visit cleanspark.com/theblock to learn more about the CleanSpark way.

Show Notes

Despite Argentina grappling with an annual inflation rate surpassing 100% and enduring strict capital controls, many citizens still opt to trade currency via illicit "cuevas" and maintain bundles of near-worthless cash, rather than embracing the potential benefits of cryptocurrencies.

In this episode, The Block's Nathan Crooks breaks down his research into why crypto adoption in Argentina is not more pervasive, and The Block editor and Argentinian resident Christiana Sciaudone shares her local perspective on the Argentinian currency crisis.

During this episode, Chaparro, Crooks, and Sciaudone also discuss:

  • Why Argentina has multiple exchange rates for U.S. dollars
  • How locals think about different cryptocurrencies
  • Crypto businesses building in Argentina


This episode is brought to you by our sponsors Circle and CleanSpark.

About Circle

Circle is a global financial technology company helping money move at internet speed. Our mission is to raise global economic prosperity through the frictionless exchange of value. Visit circle.com/Scoop to learn more.

About CleanSpark

CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. Visit cleanspark.com/theblock to learn more about the CleanSpark way.

What is The Scoop?

Welcome to The Scoop, The Block's flagship podcast covering finance and technology industries through unmatched interviews with top thought leaders, cultural icons and industry veterans. The Block’s Frank Chaparro hosts new guests every week, diving into breaking news and topics ranging from NFTs, to the impact of DeFi on Wall Street, to Bitcoin's role in the economy and beyond.