You're right, when you talked about a game of confidence. Many believes in the exponential and prospective growth of Hive and everything it can futuristically offer. This gives it a sort of value even in the toughest of situations.
You talked about Argentina, I never knew a shitty economy could depeg a currency
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Yeah which is usually preceded by a collapse in confidence in the government. When people believe the government is failing, they make different economic and financial decisions.
Then we have an economic collapse, the peg in a currency can be lost as the external financial community loses confidence.
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