20 sats \ 5 replies \ @siggy47 9 Jun \ parent \ on: Miley delivers: Shrinking down the state to a healthy level news
This is such good news. I was afraid the short term thinkers would derail his vision before it had the chance to show results.
What about the peso? Is he giving up on dollarization? Of course bitcoin would be better.
Ohh that's Milei's secret! He was able to turn the balance on short term thinkers. Please read this previous comment I made on the matter, and you will see it was a VERY close call. They're still a menace as always, just outnumbered for first time in history thanks to the youth.
About the peso, Bitcoin and dollar: he will first proceed by deprecating the peso in favor of the dollar, to solidify the economy base. But later he will proceed by allowing free competition if currencies, which by default includes Bitcoin.
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Indeed. Yet the peso is such a menace that the dollar is a sacred saviour-currency today. Plus it will allow for a much needed step towards free competition: the elimination of our Central Banking system. In that sense, the dollar is a sort of a "heap currency" towards independence from the Fed and any other central institution.
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