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5 sats \ 1 reply \ @seashell 15 Jun \ on: My Direct Account on the Situation in Argentina under Milei's Government Politics_And_Law
IMF is just mafia in suits. Boomers took the loans and lived good now their kids are gonna have to pay for it. Milei is doing something but if btc actually works there they’re gonna flip. They pulled this shit with El Salvador already, they are nice until they are not, they need countries broke to stay relevant. if Argentina goes bitcoin, the loan terms will get interesting.
Milei knows that. That's why his strategy relies on first stabilizing the economy, to start a period of growth, in preparation for the next reforms.
His strategy is actually much more robust than that of El Salvador. El Salvador made specifically bitcoin a MoE. Milei aims for a fully free currency system. That's much more difficult to limit, and that is only while the loan term remains. Once that's off, the groundwork will be already there, and on a robust basis already. That's not to say Bitcoin can not be used already to make transactions freely, we can do that already. I do it personally.
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