Argentina will embrace the US dollar, not bitcoin.
Discussion
🤙🏼💜larger economies cannot just blindly anchor to small floating boatcoin suddenly (they can do in phases) - smaller ones can do it more easily
Argentina + Brazil are Mercosur PILLARS
look at CN model how they keep ANCHORED to $ for 35yrs to become 2nd largest economy in world. Finance economy is not run emotions or luck - mining industry will find that next year.
Milei is on record saying he doesn’t care what people use as money, that’s it’s a market good, and under his policy he will allow people to use whatever money they prefer - no restrictions.
He is against central banks though and has claimed he will shutter the Argentinian central bank.
Let’s see if he makes good on his words.
Better than nothing… baby steps.
I bet they embrace both over the next 5 years