191 sats \ 15 replies \ @fm 23 Oct 2023 \ on: Argentina Pro-Bitcoin Presidential Candidate Javier Milei Forces Runoff Election bitcoin
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..
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
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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?
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"Dollarization would be good for Argentina"
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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
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dollarization aka giving up on the printing power is not good for any country but the US
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well, honestly if your central bank is even more crocked than the FED.. then you chose the lesser evil..
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yes it's crooked, but at least the printing is in-house
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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
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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.
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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
you cant be serious on your comment
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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")
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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...
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"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.
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Who, having ever read Bitcoin Magazine, would expect better?
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Nah. He advocates for a money market and currencies competition, freely.
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