Your USDT off-ramp partner in Argentina is dog shit. Where does the 10+% premium come from and who is it going to? Do better, Strike. Argentinians are desperate for any semblance of stability, and what matters currently is them ending up with as many pesos for their daily needs as possible.

Dispatch from Argentina:

The outgoing populist administration that has completely bankrupted the country with degenerate levels of spending is focusing on fucking over the incoming Milei administration.

Rather than focusing on the plight of the average Argentinian, who is now earning approx. $200/month, the Central Bank of Argentina is selling a hyper-financialized product comprised of insurance against future hyperinflation. The math that these products are based upon is a a flat out lie, but there are legal bases for customers to have a claim in the future.

Year-over-year inflation of the peso is now at 150%, but thanks to these horseshit products being offered by the BCRA the value of the peso has actually gained ground on USD in the past week, currently hovering around 940:1.

The end game here is to create the financial version of a booby trap for the incoming administration rather than acknowledge that the insane amounts of debt spending has delved over 50% of the Argentinian people into destitute poverty. The populist bureaucrats are showing their true colors.

Yet as I've previously mentioned, the Argentinian mindset is infected with socialist ideals. The poorly-educated masses feel that handouts from the government will be their saving grace, when in all reality unprecedented levels of austerity are the only way to right this ship.

Regardless of how well Milei digs us out of this Socialist Fever Nightmare, 2024 will inevitably be the culmination of years of corruption, selfishness, and downright evil from the outgoing caste of bureaucrats. The key is to continue to inform people that this is the beginning of a new era of fiscal responsibility in the midst of widespread suffering. The deck is stacked against the country but we will overcome.

Argentinian president-elect Javier Milei was quoted in saying that Argentina is "infected with socialism."

I was out with a girl last night talking about economic matters; upon hearing my stories of a colleague who has launched free Bitcoin education classes that are teaching Cubans how to transact in a money without intermediaries she replies with, "but that's going to ruin Cuba!"

The socialist mind virus runs so deep here that people are supposedly pro-human rights want to keep Cubans suppressed so they can be visited like animals at the zoo.

...also, no, there won't be a second date.

Javier Milei has just publicly doubled down on eliminating the Central Bank (BCRA). Inject this straight into my veins.

I need all the help I can get. Estamos en contacto.

Bitcoin is for everyone.

Damn glad you're ok bro! Distracted drivers are a plague on society.

Greetings from Argentina.

Comparisons between Milei and the usual suspects like Trump and Bolsonaro are lazy takes. Do the work to figure out how different Milei really is from those bozos.

Yes, but not as much as the Bitcoin world has purported. With that being said, he is a legitimate Austrian economist and would probably be able to argue the case for Bitcoin better than most moon bois, haha.

Bitcoin will become legal tender in Argentina because a "currency competition" will be initiated; it won't be coerced.

At that point it's a matter of financial education of the Argentinian people. That's why I'm here. We're kicking off community-led, free education classes with Mi Primer Bitcoin here in Córdoba, where 90% of the population voted in favor of Milei. Stay tuned, big things are coming.

Pro-Bitcoin Argentinian president-elect Javier Milei seems to be realizing how dire the economic situation created by the Kirchneristas is. "No hay plata" he says with a resigned voice. There's no money.

They've spent it all and then some. Vice-president Cristina Kirchner took a $60,000 flight yesterday for the 30th time during this administration alone, for example.

They claim to be of the "pueblo", but they live lives of extravagance while 50% of the country lives in poverty, 10% of which is considered third world levels of severity.

So...2024 is gonna suck pretty hard for Argentina, but the band-aid will be ripped off and we'll come out ahead because the money will be separated from the government.

Your hatred has made you strong.

All of a sudden the Argentinian media is interested in where the money's coming from. This is a step in the right direction. It's all about the money.

The US media is really whiffing on the whole Milei victory thing. The worst are the outlets (read: entities employed by ignorant digital natives who haven't left the country) calling Milei a "fascist."

That's right, they're calling the man who is gunning to shrink the government by 80% and eliminate the state's ability to print fiat a fascist. The ineptitude of the US's education system is on full display when it comes to anything international, tbh. Take anything you read from the corporate media with a grain of salt, as always, and feel free to ask someone with boots on the ground (ahem) about what's going on.

"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

Yo elijo creer.

Polls have now closed in Argentina. Results are supposed to be tallied faster than they were in October due to the fact that it's a single issue vote.

Alright, today's the big day in Argentina. Let's see if it's liberty or Venezuela 2.0.

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.