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286 sats \ 2 replies \ @JesseJames 26 Feb \ on: Argentina Cut Spending and Posted a Budget Surplus. Why Can’t America? econ
The jury is still out on Argentina. He did what anyone with a brain would do, stop stupid spending and re-organize. I know it's easier said than done, so does deserve credit for that. It is way too early to say anything regarding BTC support. There is some hope in South America and El Salvador leads the pack, who knows maybe they can create a coalition of South BTC countries and help each other out. Too early to tell. This doesn't change anything about Bitcoin though or how we (or myself) feel about it. Did any of the fundamentals change? We still have a pool of 21Mil right? If nothing changed then Keep calm and stack sats :-)
This doesn't change anything about Bitcoin though or how we (or myself) feel about it. Did any of the fundamentals change? We still have a pool of 21Mil right? If nothing changed then Keep calm and stack sats :-)
we had a pool of 21 million in 2009 too, but over the years there were some big shifts in the perception people had about bitcoin that ultimately got us to a $1 trillion asset.
for example: the first pizza purchase with bitcoin didn’t change anything about bitcoin’s code, but it gave people a new perception that bitcoin had a monetary value.
to date most perception changes have been positive for bitcoin, but there is no reason they can’t also be negative.
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Agreed, the perception can/will change but I think for the majority that understands it, it's nothing to see here IMHO. YMMV
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