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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348 sats \ 2 replies \ @kepford 5 Jan
Yep, democracy and politics in general is high time preference. Its one of the biggest issues with the system.
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10 sats \ 0 replies \ @carlosfandango 5 Jan
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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0 sats \ 0 replies \ @eduardopro OP 6 Jan
Politicians own the money printer, so high time preference suits them.
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176 sats \ 2 replies \ @eduardopro OP 6 Jan
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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0 sats \ 1 reply \ @carlosfandango 6 Jan
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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12 sats \ 0 replies \ @eduardopro OP 7 Jan
I got that and I agree.
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