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21 sats \ 6 replies \ @carlosfandango 5 Jan \ on: The Age Of Milei, How Will Argentinians Deal With Monetary Freedom, And Bitcoin? bitcoin
We have a very high time preference when we talk about Milei… I try and remind myself he needs a few months to show us what he will do, and a few years to show how it will all turn out.
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And as a Bitcoiner there is the whole conflict;
I want a financial system built on the principles of sound money!
When do you want it?
Now! But I’ll hodl forever if need be…
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Politicians own the money printer, so high time preference suits them.
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I agree, Milei has just been on the seat for a month. Relax and watch the thing unfold.
The article is not about that, though.
It's about how his monetary policies might eventually lead to hyperbitcoinization.
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Mine is more a general observation in response where people are already questioning whether he can deliver and won’t give him the time.
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I got that and I agree.
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