F'ing parasites...

"The day before, the owner of a small manufacturing company bought $20,000 worth of Bitcoin from Castiglione in order to get his money to the United States, where he needed to pay a vendor, a transaction far easier and less expensive than moving funds through Argentine banks."

Seems to me it is only a matter of time before success stories like this begin to multiply. As businesses realize the tremendous efficiency of bitcoin's transaction fees compared to fiat/banking charges, not to mention speed issues, bitcoin will take root more deeply in conventional businesses. From one-off instances like this they'll begin to find more uses for bitcoin in more and more of their transactions as well, as they master the learning curve with BTC.

It's actually a very positive article, guys. Don't judge by the wording of the title.

Great article thanks for posting it.  It shows how bitcoin can help liberate people from people, banks, governments, who want to capture their wealth.  In fact, that should have been the title of the article, Bitcoin LIBERATES Argentines.

$500 for BTC1.5 ($333/BTC)? When was that part of the article written?

More articles about bank executives laundering money.

http://www.foxnews.com/us/2015/04/21/feds-charge-ex-bank-president-others-with-laundering-money-for-drug-cartels-in/

http://blogs.wsj.com/riskandcompliance/2013/10/23/new-anti-money-laundering-bill-targets-bank-executives/

Shit.  Just google it.  There's too many of them.

Saw this in the press section as well, I'm glad there are innovations and usage of Bitcoin somewhere in the world to save costs and to show governments that overly excessive taxation can and does leads to evasion.
It will be interesting to see how Bitpay employees are treated seeing as their full name was used, Argentina may not be amused.