10 sats \ 1 reply \ @NotGuiltyThisTime 11 Feb \ on: Argentina usage bitcoin
1-a_ the majority of the bitcoiners hold it as an investment, later they will sell it to take profits. In my case I will spend my SATs in 30+ years.
1-b_people who knows about crypto buys stables so they don't need to buy them with physical money in the black market.
1-c_ people who have crypto use them for specific things (gas) of for investment, they think in fiat or stables in the bull run.
2- milei doesn't know what's a Blockchain, as always he only copied pasted the "BTC is the natural answer to the central bank" cause he wants to "close the central bank" but he will leave a regulator entity, meaning he won't print (cause he wants us under the Fed) but he will leave the insurance of the banks to bail out if they f*ck up. He talks cause he wants us to use our BTC and crypto so he can tax us for holding, you can find the article in the "omnibus" law.
We don't use our BTC and crypto, we invest. In my case my SATs are for the last part of my life, the cryptos are for taking profits to buy more SATs, the stables are for the moment when the BTC and crypto are cheap af.
There are places where we can use our BTC and crypto but it's in specific places/shops and they are doing it way before milei's lies.
I'm not a politician, economist or media so I can explain the reality. It's my pov so please don't trust me 100%, doubt is always good to find the reality
Thanks for your thoughtful perspective. It's appreciated.
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