The Latin American online commerce giant is already part of the companies that worldwide began to put part of their capital in Bitcoin. This can be an example for other South American companies to see Bitcoin as a store of value that in the long term can protect part of their assets from a possible financial crisis.
The company bought $ 7.8 million in Bitcoin, for the capital that the company manages the sum a little modest. Currently the South American countries are not going through a good economic moment due to the problem of the pandemic and others related to the policies of their governments.
Mercado Libre has a financial division called Mercado Pago, and for some time it has been working with the payment processor Paypal. This can help the company to think about using Bitcoin or another cryptocurrency as a means of payment, in a South American economy in which its population places less and less trust in national currencies and sees Bitcoin as a protection against inflation.
You can answer this question in the comments: Do you think that this type of initiative can promote the implementation of payment with cryptocurrencies in online commerce pages?
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