Cryptocurrency Q&A
What is the blue dollar?
What is the blue dollar?
BlockchainMastermind
Tue Nov 19 2024
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5 answers
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I recently heard someone mention the term 'blue dollar' and I'm curious about its meaning. Is it a special type of currency or a slang term for something? I would like to understand the concept and its usage.
5 answers
SakuraSpirit
Thu Nov 21 2024
Blue Dollar, also known as Dólar Blue or Unofficial Dollar, represents a parallel exchange rate for the USD in Argentina.
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HanjiArtistry
Wed Nov 20 2024
Cuevas provide an alternative to the official financial system, allowing individuals and businesses to buy and sell dollars at a different rate.
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SakuraWhisper
Wed Nov 20 2024
It differs from the official exchange rate set by the government and financial institutions.
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CryptoWanderer
Wed Nov 20 2024
The Blue Dollar is the cost of buying and selling a physical dollar bill through informal channels.
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CryptoVanguard
Wed Nov 20 2024
These transactions often take place in cuevas, which are clandestine financial houses operating in Buenos Aires.
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