Argentina’s Central Bank Hosts Live Bitcoin Mining Exhibit

[ABCbits]

Argentina’s Central Bank Hosts Live Bitcoin Mining Exhibit

In a groundbreaking move, the Central Bank of Argentina (Banco Central de la República Argentina, BCRA) has launched a live exhibition featuring Bitcoin mining equipment.

Titled “Art, Artificial Intelligence, and the Future of the Economy,” this exhibit has garnered widespread attention as it represents the first time a central bank has openly showcased bitcoin mining technology.

The exhibition, which officially opened on October 31 at the BCRA’s Historical Museum in Buenos Aires, signifies a noteworthy shift in the BCRA’s stance towards digital assets, highlighting Argentina’s growing interest in Bitcoin... Read more here.


I guess it means Argentina's central bank have some positive views about Bitcoin. Re-using out-of-circulation/rejected paper money as part of the exhibit is also clever idea. Your opinion is greatly appreciated.

[Z-tight]

This is surely not common, to see the central bank of a nation host an exhibition on BTC mining, i believe it shows Argentina's keen interest in BTC and its network. This is surely going to increase people's curiosity about BTC, its network and BTC mining; it is a good news for the BTC network.

[KingsDen]

I feel happy to see Argentina's central bank have an open mind towards bitcoin and other digital assets. Approaches like this Is not common to see, other countries' central banks will kick against the idea without giving it a second thought. It will be great if other countries can emulate this

With this exhibit, a huge awareness about crypto and other digital assets will be created. People will get proper education about the blockchain technology, leaving them to decide if they really need an alternative currency. This is just what some critics of cryptocurrencies need to have a better understanding of crypto before writing it off.

After the exhibition, Bitcoin will gain more adoption in Argentina.

[TomPluz]

I guess it means Argentina's central bank have some positive views about Bitcoin. Re-using out-of-circulation/rejected paper money as part of the exhibit is also clever idea. Your opinion is greatly appreciated.

The paradigm shift is so clear with Banco Central de la República Argentina (BCRA) and it can be told that this government agency is getting to be friendly with Bitcoin and maybe with cryptocurrency in general. I understand that Argentina is exploring on how they can take a ride with Bitcoin and is analyzing on how they can integrate this digital asset to their economy. I am hoping they can be the first country to adopt BTC on their foreign currency reserve ahead of the USA. I am hoping that this is just the start of many countries getting cuddly with Bitcoin.

[_act_]

This is surely not common, to see the central bank of a nation host an exhibition on BTC mining, i believe it shows Argentina's keen interest in BTC and its network. This is surely going to increase people's curiosity about BTC, its network and BTC mining; it is a good news for the BTC network.

It can not be common because the banks thought bitcoin is their enemy while fiat is their friend. But as we can see, this is changing. If the banks are getting involved in bitcoin related things in the future, it would be good. I think this is just the beginning. The banks and government will still support bitcoin. I just wish Trump can make bitcoin a strategic reserve to begin with.

[target]

Just like El Salvador,  Javeir being a Bitcoin enthusiast himself must have been interested in mining as well.

Almost an arms reach where Bitcoin adoption in government and international settlements can be based on crypto payments when we see more and more countries are trying to accumulate BTC by minin. While most of them are small countries, Argentina seem a bigger one.

[rachael9385]

That's a nice one from them. I don't know why some countries would just decide to fight against Bitcoin and crypto currencies. The direction in which crypto is moving if a country takes it seriously for citizens it can also help to eradicate unemployment and can boost an economy.

Honestly my country really needs to learn from what Argentina and trump are contributing to the crypto world.

[bitterguy28]

That's a nice one from them. I don't know why some countries would just decide to fight against Bitcoin and crypto currencies. The direction in which crypto is moving if a country takes it seriously for citizens it can also help to eradicate unemployment and can boost an economy.

these governments do not think the benefits that cryptocurrency give is worth letting their citizens have complete financial freedom separate from the government itself they like to use logic to excuse their unaccepting behavior of crypto but at the end of the day it is just because they feel threatened

Honestly my country really needs to learn from what Argentina and trump are contributing to the crypto world.

coming from a third world country, i also hope this step from argentina influences and inspires other countries and start focusing on cryptocurrencies and how they can use it to the benefit of the entire country

[ABCbits]

This is surely not common, to see the central bank of a nation host an exhibition on BTC mining, i believe it shows Argentina's keen interest in BTC and its network. This is surely going to increase people's curiosity about BTC, its network and BTC mining; it is a good news for the BTC network.

I agree. Some visitor (where most of them aren't cryptocurrency) would be curious, especially since it's under name of Argentina's central bank.

That's a nice one from them. I don't know why some countries would just decide to fight against Bitcoin and crypto currencies. The direction in which crypto is moving if a country takes it seriously for citizens it can also help to eradicate unemployment and can boost an economy.

these governments do not think the benefits that cryptocurrency give is worth letting their citizens have complete financial freedom separate from the government itself they like to use logic to excuse their unaccepting behavior of crypto but at the end of the day it is just because they feel threatened

It's more than financial freedom in traditional sense. People also could have full control over their coin, without possibility their coin can be confiscated or frozen.