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QW 2y ago

Meanwhile in Fiatville..

Argentina's central bank hikes interest rates to 118% in a drastic policy shift as it runs out of funds to defend its currency.

Peso seen slumping as much as 14% on parallel markets.

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stackatoshi 2y ago

It’s so depressing that btc adoption is not widespread in Argentina. Gives me less hope for the project.

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Zach⚡️ 2y ago

Unfortunately, it’s too early

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stackatoshi 2y ago

Yeah I don’t want to give the impression that I’m all doom and gloom. But it’s pretty clear that in the near future the majority of people will seek “yield” in the existing decaying monetary system rather than switching to a new one.