Living on Defi: How I Survive Argentina’s 50% Inflation

Ethereum Devcon 5 | Mariano Conti | Oct 9, 2019

living on defi surviving 55 percent inflation - Living on Defi: How I Survive Argentina's 50% Inflation
Living in Argentina but getting paid in Dai, Mariano can access financial systems that are usually not available to us. He wants to show how Ethereum's DeFi movement has been working fine for the last 2 years, by leveraging Dai and secondary lending platforms, and how that is changing the financial reality for people in developing economies. Someone in South America getting paid in crypto can access more stable currencies than their local ones, with better interest rates, and this is all happening right now, and scaling right now.

 


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