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0 sats \ 2 replies \ @Zepasta OP 21 Nov 2023 \ parent \ on: deleted by author bitcoin
El Salvador was in the same situation as Argentina.
The short-term solution is switch to the best Fiat, which is the Dollar, and allow Bitcoin as a legal tender.
Long-term they will probably ditch the Dollar aswell and go all-in on Bitcoin.
Argentina needs to follow El Salvador strategy.
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0 sats \ 0 replies \ @0xbitcoiner 21 Nov 2023
That's a good idea, but Argentina is a lot bigger than El Salvador.
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0 sats \ 0 replies \ @fm 21 Nov 2023
Long-term they will probably ditch the Dollar aswell and go all-in on Bitcoin. Argentina needs to follow El Salvador strategy.
Dont bet on that. Now that we see who is behind Milei, specially after himself thanked Caputo for the results. Also, El Salvador PIB is like 5% of Argentina PIB
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