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Bitcoin became a safe haven for Rich Latin Americans


Bitcoin is considered a haven for hyperinflation for Latin Americans - at least two new Cryptocurrency funds were opened in 2017 to meet the needs of wealthy Latin Americans, according to a local report. While both funds are located overseas, most of their clients are family offices from Argentina, Central America, Mexico and the Caribbean. "Latin America is very unstable," said Carlos Mosquera, founder of the Italian hedge fund Solidus Capital. "Cryptocurrencies turn into a new shelter for her."

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