Ripple rekt.
Nostr is inevitable.
Not their words, mine ;)
Argentinian peso is inflating into oblivion. Any sense of monetary stabilization is coming from the defacto dollarization of the country. We need to copy/paste El Salvador's fiscal policy. Ecuador took 2 years to emerge from the short-term turmoil of currency change more than 20 years ago. The Argentinian economy would stabilize at lightning pace in comparison. The band-aid needs to be ripped off.
Mexico soon to be Argentina in the house.
Central Bank of Argentina announces that it will not be dipping into gold reserves to pay off the financial terrorists at the IMF.
Mexicans will tell you that their family members living in the US are returning like never before. They're realizing that modern-day life in the US isn't quite as appealing as it used to be. My friend's brother is doing a 180 after 4 months in the country after seeing how much a non-skilled worker has to do in LA to make ends meet, nevermind having health insurance, which is a luxury these days. The system's breaking and I don't see how it's going to be fixed aside from a return to sound money.
Y pensar que la gran mayoría de dichos nacimientos no van a saber nada del sistema financiero actual. Bullish AF
At your local banks, my dude.
Black coffee 'til noon (usually don't drink after 10am 'cuz caffeine really f*cks your sleep), then a big ol' smoothie loaded with fruit and veggies for lunchtime calories, finally a "normal" dinner before 8pm.
The only reason why I find the presidential candidacy of Millei fascinating is because he's a proponent of a "currency competition", and I know the people will ultimate be in favor of bitcoinization as well. Oh, and HE WANTS TO ELIMINATE THE CENTRAL BANK.
Argentina is said to have more than $70B in physical dollar bills already in the country. It's already dollarized and anyone who lives there will tell you the same. It feels weird to lobby for dollarization, but it's by far the best short-term solution. Ideally would love to see Argentina follow the El Salvador blueprint (albeit a work in progress).
I'm addicted to tacos de cabeza in Mexico City. Don't want to leave this city or its food.
USD hits all-time high against Argentinian peso in the blink of an eye. Currently hovering around 550 ARS for 1 USD. Free-fall underway. 6th-worst in the world.