"Freedom and liberty has won!"
Not yet. Not today, but this is an important step in the right direction. Milei still finds himself at the helm of a failed institution and righting the ship will be a massive undertaking. Now we find out how the sausage is made. Eliminating the BCRA and enacting a currency competition will take a gargantuan effort. The path is paved with self-serving bureaucrats at every turn who have no intention of making this easy. The Argentinian people have already voted with their savings; they want to dollarize. A "currency competition" would allow Bitcoin to flourish in a P2P manner; this is why Bitcoin education is vital.
Gol de Argentina. #bitcoin
It's truly astonishing to see Argentinian and global corporate media attempt to paint pro-Bitcoin presidential candidate Javier Milei as a fascist.
The man is literally running on a platform of severely diminishing the power of the government by separating money from the state. This could not be more anti-fascist if he tried.
By all accounts pro-Bitcoin presidential candidate Javier Milei is leading the latest polls in Argentina, with as muchas a 13% lead over degenerate Keynesian economic minister Sergio Massa.
Argentinians are doing their best to escape the crushing inflation caused by rampant printing of the peso:
What they'll do is load up on purchases with their credit cards at the beginning of the month and then hope to pay at cheaper prices in USD terms at the end of the month.
Thus, the peso goes through mini-monthly cycles of boom and bust.
For example, had I attempted to exchange USD for pesos merely a week ago, I would've received 10% less pesos for my dollars, so it behooves me to time my rent payment accordingly.
When money breaks.
Nostr is markedly devoid of moon bois losing their shit over a $4K daily move.