Argentina Pro-Bitcoin Presidential Candidate Javier Milei Forces Runoff Election \ stacker news ~bitcoin

Argentina Pro-Bitcoin Presidential Candidate Javier Milei Forces Runoff Election bitcoinmagazine.com/culture/argentina-bitcoin-president-javier-milei-run-off-election

2131 sats \ 32 comments \ @ebeddor 23 Oct 2023 bitcoin

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191 sats \ 15 replies \ @fm 23 Oct 2023

pro-bitcoin ? nahhh bukele is pro-bitcoin.. this guy is pro-dollarization.. big difference

guess reed macdonal is hunger for content.. one would expect better content on bitcoin mag..

10 sats \ 11 replies \ @AmadeusK525_old 23 Oct 2023

He has some pretty interesting ideas. Dollarization would be good for Argentina, and he is very openly in support of Bitcoin and just flexibility of currency in general (everyone should be able to use their currency of choice officially). I don't think writing him off as "pro-dollarization" is fair. And it's cool to finally have someone stand up for freedom in Argentina

2 sats \ 2 replies \ @DiracDelta 23 Oct 2023

Dollar is the best singular standard of value in the world now, and there is no second best, without going to a composite currency. You all know that, right?

0 sats \ 1 reply \ @AmadeusK525_old 23 Oct 2023

"Dollarization would be good for Argentina"

0 sats \ 0 replies \ @fm 23 Oct 2023

that would be a good discussion.. you are probably rigth. Despite the bad things it brings, at the current state of the peso.. It would probably work for a while.. betting on the sick dollar is another discussion

20 sats \ 4 replies \ @037447d9ca 24 Oct 2023

dollarization aka giving up on the printing power is not good for any country but the US

0 sats \ 3 replies \ @fm 24 Oct 2023

well, honestly if your central bank is even more crocked than the FED.. then you chose the lesser evil..

0 sats \ 2 replies \ @037447d9ca 24 Oct 2023

yes it's crooked, but at least the printing is in-house

0 sats \ 1 reply \ @fm 24 Oct 2023

yes, i understand that.. but as i said, the lesser evil is the dollar, other discussion is the current state of the dollar.. on brink of failure.. where have i read 1 sat is equal now to 1 peso.. while today 2900 sats are 1 dollar its a big difference

0 sats \ 0 replies \ @037447d9ca 24 Oct 2023

not yet. 1 sat = 0.35 peso. but soon. printing benefits those close to the printer. How can it be beneficial to put the printer far away? Imagine moving the Fed to Beijing.

0 sats \ 2 replies \ @fm 23 Oct 2023

wait... fair? its on his campaing... he is pro dollarizarion..

"Competencia de monedas que permitan a los ciudadanos elegir el sistema monetario libremente o la dolarización de la economía." - this is the original program

He speaks dollar while there is ZERO mention to btc

https://www.electoral.gob.ar/nuevo/paginas/pdf/plataformas/2023/PASO/JUJUY%2079%20PARTIDO%20RENOVADOR%20FEDERAL%20-PLATAFORMA%20LA%20LIBERTAD%20AVANZA.pdf

you cant be serious on your comment

0 sats \ 1 reply \ @AmadeusK525_old 23 Oct 2023

There is no mention of BTC itself in the official plans, that's for sure, but re-read first phrase of the quote you posted here. He's talked about BTC and that quote might as well be a direct reference to it (although it's more of, again, "let people use the currency they want to use, not Argentinian Pesos")

0 sats \ 0 replies \ @fm 23 Oct 2023

i noticed that,

But you know there will not be a popular vote..

BlackRock already has the dollars ready to make a buck,

Mention to dollar: 1 Mention to btc: ZERO Mention to close the Central Bank obliging to adopt fiat: 1

hes not pro-btc hes pro dollarization..

Ecuador is mentioned 100 times on his speach...

10 sats \ 0 replies \ @DiracDelta 23 Oct 2023

"pro bitcoin" is just as likely affinity scammers attacking bitcoin such as Cynthia Lummis.

Pro bitcoin is an irrelevant question for politicians, bitcoin doesn't need them. Pro liberty is what matters, and no US president comes close to Milei (including Trump, obviously).

Also, El Salvador adopting bitcoin is closer to me telling you I am adopting bitcoin than Argentina. El Salvador economically rounds to 0, Argentina is 40x bigger.

1 sat \ 0 replies \ @elvismercury 24 Oct 2023

Who, having ever read Bitcoin Magazine, would expect better?

0 sats \ 0 replies \ @ca 23 Oct 2023

Nah. He advocates for a money market and currencies competition, freely.

122 sats \ 1 reply \ @siggy47 23 Oct 2023

Misleading headline. He was favored to win outright based on polls. He placed second.

1 sat \ 0 replies \ @DiracDelta 23 Oct 2023

That's what BM is known for

21 sats \ 2 replies \ @BlokchainB 24 Oct 2023

I don’t get why everyone is obsessed with this election? Even if he is elected the machine will more than likely eat him alive.

0 sats \ 0 replies \ @fm 24 Oct 2023

because its fun to watch?

0 sats \ 0 replies \ @om 24 Oct 2023

Still that would be a wound to the machine.

11 sats \ 0 replies \ @knorozov 23 Oct 2023

BM needs to stop calling him Pro-Bitcoin, that's false.

2 sats \ 0 replies \ @softglitter2d 23 Oct 2023

Bitcoin magazine editor should fire whoever wrote that. Milei is not pro-bitcoin, is pro-fiat. Stop faking shit and please, for the love of God, stop pleasing politicians, including El Salvador propaganda.

1 sat \ 0 replies \ @nullama 23 Oct 2023

The currency of Argentina, the Argentinean Peso, is extremely weak (in about a decade it went to 1% of its original value) and almost no one keeps them, they all buy dollars on the streets.

It would make more sense to buy Bitcoin instead, but not sure who would take that fiat.