Coinbase CEO urges Bitcoin legal tender for Brazil, Argentina — Reaction By Cointelegraph

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As Brazil and Argentina started preparatory work for a potential common currency, Coinbase (NASDAQ:) CEO Brian Armstrong floated the idea of the two countries moving to (BTC), sparking various discussions over the viability of BTC as a national currency.

On Jan. 22, the two South American countries announced they starting to prepare to create a common currency that would run parallel with the Argentine peso and Brazilian real. The move could potentially create the second-largest currency bloc.