20 sats \ 4 replies \ @037447d9ca 24 Oct 2023 \ parent \ on: Argentina Pro-Bitcoin Presidential Candidate Javier Milei Forces Runoff Election bitcoin
dollarization aka giving up on the printing power is not good for any country but the US
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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..
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0 sats \ 2 replies \ @037447d9ca 24 Oct 2023
yes it's crooked, but at least the printing is in-house
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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
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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.
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