Having just recently lived in Argentina, I can say the bitcoin community is really active. The biggest problem is that it's still really small so you're dealing with a few hundred pesos at a time. To take a subway across Buenos Aires and meet up, for say, $300 ARS ($37 USD at the unofficial rate) is a huge hassle.<p>I had the idea of bringing in say a few thousand USD/month (I have an office and a number of things like random office lunches, office rent, nespresso capsules, snacks, etc are for various reasons not payable via a check from a business account.) I could buy say $1500 USD in bitcoins but then I couldn't find people who are not miners to take the other side of the transaction that had enough bitcoins to buy $8000 to $12,000 ARS in one transaction.<p>WHY would that be useful? Well, if I have $1500 USD of bitcoins, I can get the "blue" rate of 8.05 * 1500 = $12,075 ARS. If I wire myself $1500 USD from outside Argentina, I'll get $8092 ARS. So, imagine I could use bitcoins to do the transaction. I'll get about 40% more money if someone properly values the bitcoin to the peso.<p>What we need is the coinbase of Argentina, but then being "legal" would kind of defeat the whole value of bitcoins in such a warped economy. Just check out <a href="http://dolarblue.net/" rel="nofollow">http://dolarblue.net/</a> for the TWENTY different ways to convert ARS to USD/EUR, etc. Argentina is not a place you are going to setup a legal bitcoin exchange and have it last very long.