Buenos Aires, no doubt. You can experiense first hand the foundation of the Milei empire.
Your sats are Welcome in Buenos Aires my Friends! Years after years fighting against devaluations makes Argentina a strong market for BTC since the begining.
They are puppets,, dont bother.
I did'nt have this author on my radar. I'll look into it. Here is one recomendation for you, Jorge Luis Borges. I think you'll enjoy it.
I really enjoyed nostr:npub10wv37amdqnv8edw5yktgsxr62g8k4lqkk2u66fk6c6uwuakzssxsf4v22x's latest. His newsletter has become a must-read.
https://open.substack.com/pub/carlbmenger/p/bitcoin-and-stoicism
Thank to this article I'll start to read Seneca. Excellent work Mr., younput together several pieces in my journey to enlightment.
Agreed, it's a slow death for any inflationary currency. But it's a matter of choice to use USDT over BTC. Education in both creates informed decisions, in particular how an old underlying fear of preserving one's personal economics for survival, intercedes with the ability to believe that one could be saving into bitcoin, but it's something that won't be touched for at least 4 years.
But which, but a wealthy Argentinean, could do this if more than 55% of the country is living in an economical poverty state? Why would they choose a 4 year hold on any money, which historically has always proven to be a failure in preserving value? Especially as they see the downward volatility as a negative in case they miscalculated and they needed the money?
So USDT is chosen. Better a lesser inflationary money than one that could get them out of that rat race, but unpredictable when.
I agree with nostr:npub1s33sw6y2p8kpz2t8avz5feu2n6yvfr6swykrnm2frletd7spnt5qew252p here. USDT is like a smarter contract than their local currency, but not the smartest. It's why it's understandable why they do this, but almost like an educational war of the truth is coming abouts, helping people realize, like we did, to start with maybe 1-5% in bitcoin, while we used the dollar. They too could start with that and help transition their understanding that this is one protocol that doesn't lie to you. Unlike many of their (and our) politicians, it truly does what it says it will do.
Agree, I just want to depict the situation here. I´m a furious Bitcoin Maxi because we learned the hard way. And many argentinians too. But is not the situation of many when your priorities are staying alive and try to not loose your savings in a matter of days. USDT is the easiest (and that turns dangerous) way to save.
Sounds good. I will look into it. Thx!
Most certanly. I will study your approuch. based on some kind of federation, right?
I see your point, but its hard to be in a circular economy, even in countries like Argentina. You do not have the need to interact with USDT like we do, alway changing in the black market, with this shitty coins, peso in my case. Certanly the necessity will drive the speed of adoption, but we are so far away.
The only thing I could think of is a total and catastrophic collapse of the dollar. Otherwise, It will a slow death for all.
What amazed me is the level of idiocy and incompetence of the superpower leaders. It's surreal.
on the contrary, i've been in this platform for about a week in parallel with twitter/x and its feel so good that probably I will shut down the x account. All thanks to btc and Jeff.