{"id":15759,"date":"2021-07-07T14:58:45","date_gmt":"2021-07-07T14:58:45","guid":{"rendered":"http:\/\/ci028787b440002483"},"modified":"2025-01-29T15:11:31","modified_gmt":"2025-01-29T15:11:31","slug":"argentina-national-congress-bill","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/culture\/argentina-national-congress-bill","title":{"rendered":"Member Of Argentina&#8217;s National Congress Submits Bill To Allow Workers To Receive Salary In Bitcoin"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p>The \u201cPay Me In Bitcoin\u201d movement just got a lot stronger today when Jos\u00e9 Luis Ram\u00f3n, a member of Argentina\u2019s National Congress, announced he submitted a bill that would allow workers in a dependency relationship and exporters of services to have the option of receiving their full or partial salary in bitcoin.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"es\" dir=\"ltr\">Present\u00e9 un proyecto de ley para que los trabajadores en relaci\u00f3n de dependencia y exportadores de servicios tengan la opci\u00f3n de cobrar su sueldo entero o parcial en criptomonedas. La idea es que puedan fortalecer su autonom\u00eda y conservar el poder adquisitivo de su remuneraci\u00f3n\ud83d\udc47<\/p>\n<p>&mdash; Jos\u00e9 Luis Ram\u00f3n (@JoseLuisRamonOk) <a href=\"https:\/\/twitter.com\/JoseLuisRamonOk\/status\/1412508262918918153?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">July 6, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The impactful message in this announcement is what he said in the last sentence: \u201cThe idea is that they can strengthen their autonomy and conserve the purchasing power of their remuneration.\u201d The citizens of Argentina have been dealing with insane amounts of hyperinflation in the Argentine peso, resulting in them being unable to save their wealth. Looking at the core inflation rate for the Argentine peso, they are in dire need of Bitcoin.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/01\/279_image1.png\" title=\"\"><\/figure>\n<p>Ram\u00f3n went on to state: \u201cThis initiative stems from the need to promote greater autonomy and governance of wages, without this implying a loss of rights or exposure to situations of abuse within the framework of the employment relationship.\u201d <\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"es\" dir=\"ltr\">Esta iniciativa nace de la necesidad de promover una mayor autonom\u00eda y gobernanza del salario, sin que esto implique una p\u00e9rdida de derechos o una exposici\u00f3n a situaciones de abuso en el marco de la relaci\u00f3n laboral.<\/p>\n<p>&mdash; Jos\u00e9 Luis Ram\u00f3n (@JoseLuisRamonOk) <a href=\"https:\/\/twitter.com\/JoseLuisRamonOk\/status\/1412508266349969411?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">July 6, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Argentina seems to be following in the footsteps of El Salvador, who made Bitcoin legal tender recently. And this plays into the recent theme of congressmen in South American countries pushing for adoption of Bitcoin. <\/p>\n<p>Central banks and the fiat system have really hurt these countries via hyperinflation and excluded most of their citizens from having good financial infrastructure. Bitcoin\u2019s 21 million hard cap supply saves them from suffering any more wealth evaporation and allows them to be their own bank. <\/p>\n<p>According to <a href=\"https:\/\/www.acuant.com\/blog\/the-worlds-unbanked-population\/\" target=\"_blank\" rel=\"noopener\">Acuant<\/a>, only 48.7% of the Argentine population has a bank account. Yet 78% have internet access. More people than ever before in Argentina will be able to get paid in, store their wealth in, and spend their money in Bitcoin, thus improving their quality of life. Beautiful.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Workers in Argentina may be able to receive pay in BTC and store their wealth without fear of inflation.<\/p>\n","protected":false},"author":2687,"featured_media":3243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[692,568],"class_list":{"0":"post-15759","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-culture","8":"tag-argentina","9":"tag-hyperbitcoinization"},"author_data":{"id":2687,"name":"Conor Chepenik","nicename":"conor-chepenik","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/12\/img_8330-96x96.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/why-bitcoin-is-a-haven-for-argentina.png","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/15759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2687"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=15759"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/15759\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/3243"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=15759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=15759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=15759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}