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159 sats \ 0 replies \ @franzap 22 Dec 2023 freebie
Milei is known for being against legal tender laws so this is in line.
Interesting nonetheless that she first mentioned bitcoin. And only then crypto, liters of milk, etc.
This is huge, in a country where you are (were?) only legally allowed to terms denominated in the ARS shitcoin
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0 sats \ 0 replies \ @Diego 22 Dec 2023
Is this basically free banking?
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0 sats \ 0 replies \ @guts 22 Dec 2023
Good start for Argentina.
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0 sats \ 5 replies \ @okpj 21 Dec 2023
“And also any other crypto”
The story could just as easily be “Argentina allows contracts to be settled in dogeloncumrocket”
Interested to see how it plays out regardless…
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84 sats \ 4 replies \ @bzzzt 22 Dec 2023
The btc, aka the stone of jordan, will absolutely dominate a free market of money without regulation.
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0 sats \ 0 replies \ @DeltaClimbs 22 Dec 2023
Wrong. The US dollar will dominate as the denominator of single monetary component contracts, as it does for all the contracts you engage in.
We are approaching the stage when bitcoiners will start learning the basics of money and I am happy to see this small step, but we are not there yet.
https://twitter.com/GhostDirac/status/1737943904564220326
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0 sats \ 2 replies \ @okpj 22 Dec 2023 freebie
Any data points to back this up?
Will the contracts be in USD value or straight amounts of “crypto”? If the former, why wouldn’t everyone just use stablecoins, on the cheapest shitcoin chain?
Argentina GDP is 10650 USD per capita.