11 sats \ 10 replies \ @Satosora 15 Jun \ on: Argentina’s Inflation Paradoxes econ
Certain amount of balance will be needed. But if they have a strong currency and keep it strong...by using bitcoin...everyone will want in on it. Just depends on what they will do, if they use the US system...they will fail.
write
preview
10 sats \ 9 replies \ @Coinsreporter OP 15 Jun
I've heard reports that they are interested in dollars instead of Bitcoin.
reply
11 sats \ 8 replies \ @Satosora 15 Jun
How long will that last if they want to keep a strong currency?
reply
10 sats \ 7 replies \ @Coinsreporter OP 15 Jun
I don't know and I think nobody else does. It's not science to be exact. They can keep it strong as long as they keep it tight, so, the real question is - how long can they keep it tightly?
They can't because exporters will leave peso once it starts showing any signs of weakness. So, then peso will keep falling once again.
reply
11 sats \ 6 replies \ @Satosora 15 Jun
As long as they dont do questionable things, their currency will remain strong. If they start buying btc, it will remain strong forever.
reply
10 sats \ 5 replies \ @Coinsreporter OP 15 Jun
That will be a different story then. Bitcoin will do wonders for them, no doubt.
reply
11 sats \ 4 replies \ @Satosora 15 Jun
Someone near them has already done that. El Salvador, right?
reply
10 sats \ 3 replies \ @Coinsreporter OP 15 Jun freebie
Yes, but the credit goes to only Bukele. He doesn't listen anyone except himself when it comes to Bitcoin.
Milei is weak of his ears. He listens all burecrates and officials.
reply
11 sats \ 2 replies \ @Satosora 15 Jun
Copying is the greatest form of flattery.
view replies