"We were speaking of Bitcoin and the devaluation of the peso, and I proposed a bet: if the peso would be valued more than
Bitcoin, I would double my investment that I was making for the country. But if Bitcoin gained a higher rate than the peso, they would have to declare it as a national currency. That would be a perfect decision, as there's a lack of confidence in this coin.
What's the point in comparing a single peso with 1 bitcoin? It is the same as investing 100$ into bitcoin or ETH. From investment point of view there is no matter what is the current price. THe only thing that matters is a % of future growth.
Also central banks are not trying to deflate the price of their currency so crypto is not that relevant to the global economy.