The good part is that I can test if BTC really works like in the papers 😂😂😂😂😂
From my pov is too early but as always the need is the best motor 🚀🚀🚀
There are prices for certain things like your own skills or food. But if you have to sell something like food that you can't store for long time that means you have to check all the time if the price changes. In my case i have to check the price of everything i sell everyday and everytime I sell.
Prices change from the morning to the afternoon. If the dollar price change hard you have to stop or you will gamble
As always one of the points is that you have to buy the same product when you sell it and if you don't check you won't get a profit, in the worst case you can't buy it again
I can say this from my experience, we used a pseudo fiat kinda bond paper to replace the fiat. But before that we ... Thing for thing deals, like before the creation of the money. Also we used papers that had value only inside the black market, we get them after we gave something.
We had 5 presidents in 7 days....
Aaaand looks like we are heading to that again.
I have the experience of shit getting real and I already thought a lot about BTC as a currency here.
I can't see the right answer and I don't want to live that hell again
I repeat, we are in a middle of the chaos and nothing is stable.
You can say all the things you want but you are in a stable country without hyperinflation. If you didn't experience it you should ask cause it's not funny at all when hyperinflation meats unstable
The problem is that this year we have elections and this crazy dude milei (he is not pro BTC, he is anti central bank and pro dollar) is having a good chance to win.
One of his plans is change the fiat here from pesos to the one you want, so majority of the people will go to the dollar. So... What happens? Lots of people are buying the black market dollar so the price is 🚀🚀🚀. This happens cause if we buy dollars now it's cheaper than the future price in the case that milei wins.
Then what happens with the companies that buy thing from other countries? They have to pay in dollars and the gov doesn't give them the dollars at the official price so the companies have to buy the black market dollar or the other dollars (we have more than 15 dollar prices in Argentina)
So the price of the black market dollar is rocketing, that means the other dollars are high too and unstable... That means the companies don't know at what price have to sell the products to the shops, that means we don't have prices.
As a business you can buy all you can right now cause it will be cheap af if you compare it to tomorrow. As a regular dude invest in crypto, dollars or stocks
You know the price that you have to sell cause you have the piece list of your providers. Without that how will you sell? Stealing from you customers with stupid high prices or with miss calculated low prices that makes you lose tons of money? Both ways means your business will close soon
Well, that means you don't know what are you talking about.
I'm sorry but I won't lose my time with you
Sad part is that this is the second time in my life with hyperinflation and the second time that the country will implode 😂😂😂😂
Life hell is heaven difficulty level 🥲🥲🥲
As a store of value and investment yes AF
As a currency in this situation no thanks cause i will lose more money than selling with fiat
Tell me how much I should sell something if we don't have a price list?
Rapibg customers or losing money and go broke cause we set a low price?
Cause we are talking about sudden+15% in the prices cause the gov fucked up
And we can't predict that
"you need BTC" as a currency works when you live in a country with stability.
In the case of Argentina where we don't have it and also we have hyperinflation it doesn't as a currency.
Easy example:
If you have a high inflation but stable you know that if today you want to sell something you need to think in the price that you will buy that again in few days and you can imagine the price.
What happens when suddenly you have a +15%, +20% or +40% because the gov fucked up? You can't calculate cause the providers will stop the sells so you don't have a price list.
Now tell me how the BTC as a currency can help?
To store value or invest yes but as currency no
No GUI, we don't have a price list so we don't know at what price we should sell.
I can say, "yeah, this middle finger dildo costs 400 SATs" and the real price i have to sell it is 500k or worst, sell you at 500k and the real price is 400
That's the level of chaos here right now
I repeat, in this moment we don't know at what price we have to sell.... So tell me how many SATs should I get for each thing i sell.
Yeah, one bitch got crazy cause i get zapped so now I don't want to get them.
Just hit the like ... And subscribe 😂😂😂😂😂😂
Michael saylor saying argentina needs BTC in twitter 😂😂😂😂😂
He should leave the alcohol
The situation here is more complex than "you need BTC"
We don't have a price list, we can't sell or buy. So, what can do the BTC when you don't have a price?
All the last week we didn't sell cause we prefer to lose a sell before losing money in a bad way.
