Well, the real question is who do we “revolt” against?
What do we do?
3k% inflation harms seemingly everyone at the same time.
Shoot the cops? They’re going through the same thing.
Shoot your neighbor? They’re going through the same thing.
There’s no one to revolt against.
Simply use money that is not backed by the government, be it gold, silver or bitcoin.
You protect yourself against inflation and also create a parallel economy to the state where you don't pay taxes.
Taxes are theft.
You basically just learn to live with it and figure out how to operate within the system knowing that your money is rapidly depreciating. You can never stop capitalism. You can distort markets and destroy capital, but humans will still continue to operate, doing what they believe to be in their best interest. You cannot destroy the emergent order. You can only make it harder for people.
I see how something like BTC can be a godsend, even if it goes from 30k-10k. It’s still doing better than the Peso.
If it inflates, even better.
If it stays stable? Perfect.
How prevalent are crypto communities in Arg?
Yes. Central planners’ ability to create money wreaks all kind of havoc on society and markets. I don’t live in Argentina, so, I can’t appropriately give a report on the state of Bitcoin use and adoption over there. That being said, it’s extremely low most everywhere. People have just grown up dealing with the problems and just assume that’s how it is.
Smart woman..🧡👑🗽🙂
