>>53292632Latinobro here (not *rgentinian):
By that same logic, a proportionally small investment (and wages) in USD would net you a very large ARS payout; for example: 1 million USD would net you 263.2 million ARS, that's 2991 *rgentinian minimum wages for comparison. Assuming a starting investment of 1 million USD you can go full anycolor and hire 50 chuubas and pay them 10 minimum wages (a high salary there) a month for years. The only high expenses would be getting the streaming equipment and high quality models, which would be paid in USD, but that would be a once and done deal.
Proportionally, a small investment for a chance to corner a whole market. The issue with not a large spanish speaking audience feedbacks on itself cause there are no large spanish-speaking vtubers, so no spanish speaking community forms. I know dozens if not hundreds of vtuberfags here, but most of them don't know about any spanish-speaking vtubers.They just don't do it cause managerial shit would get difficult since most of the corpos either underestimate spanish-speaking countries or flat out don't understand 'em (like how most americans collate anything hispanic with mexico).
It would give notably smaller profit (1 million ARS = 3798 USD), but it'd be self sustaining, and would more than pay for itself in influence by cornering that untapped market. The main issue with that, is that the managerial cost (logistics and management, coordination and the like) is not worth the small profits.
Of note, however, is that the argentinian economy (usually used as example for NOT investing on south america) is an exception to the rule as they got absolutely wrecked from corruption, other countries like Peru, Chile, Bolivia, Uruguay or Brazil (they speak portuguese in Brazil, but the same concept extends to a LATAM branch) are economically stable, dare I say strong in some cases (notably Brazil and Chile, even if the former is somewhat corrupt and the latter is under some social turmoil).
A good rule of thumb to seeing how strong a currency to the other is is converting X amount of baseline money (USD in most cases) to the currency to check and dividing that by that country's minimum wages. The smaller your number, the stronger the currency, cause it more closely matches your baseline against which you are comparing.
TL;DR:
Small money (for a corpo) in USD = Decent to BIG MONEY in most Latino countries, for a relatively stable profit, market cornering and forming a spanish-speaking vtuber culture. They don't do it cause managerial/cultural issues would ensue, cause latinos are culturally VERY different from the american/asian work and social culture they are used to (good luck getting a badmouthed latino to stop damning god and everyone's mother every time something bad happens).