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TL;DR: plz don't do the bitcoin chainsaw man!
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"Very soon Mr Milei must also decide on the future of the central bank and the peso. Argentina’s awful history of inflation and default means it is right to explore new ways to anchor the economy. Yet on this front Mr Milei has so far offered monetary anarchy rather than a new order. On the campaign trail he promised to dollarise the economy and “blow up” the central bank. Now he and his team talk of “currency competition”, whereby the peso would coexist with other currencies. But the details remain worryingly vague. And he still wants to close the central bank. All this uncertainty has costs. Investors do not want to sink cash into a country where the monetary system and currency are up for grabs."
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"This half-baked scheme raises more questions than it answers. It has never been tried elsewhere. Freezing the money supply could lead to deflation."
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"Such a radical experiment is not just risky, it is also unnecessary. Across the Andes, Peru has the kind of currency competition that could work in Argentina. There, dollars are used alongside the sol. But in contrast to Mr Milei’s plan, the central bank adjusts the supply of the sol and supports its use. Mr Milei succeeded in Congress by compromising. To avoid squandering his hard-won gains, he needs to foster certainty and sanity by giving ground over the peso, too."

https://www.economist.com/leaders/2024/06/19/javier-mileis-next-move-could-make-his-presidency-or-break-it

Archived: https://archive.ph/mEdvA
The “Bitcoin is bad” narrative seems to be sinking. 🚢

Down she goes! 💥

https://www.ibtimes.com/southeast-asia-can-turn-excess-energy-economic-value-through-bitcoin-mining-expert-3734777
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Forwarded from GhostofBasedPatrickHenry
I know I'm having too much fun with this, but couldn't resist. The memes must flow.
Martin is based af lol
Mallers with references to 💸 and 🌓

With a JFK-Covfefe timestamp 😳
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Don’t worry guys, even though Marge doesn’t talk about Bitcoin as much as she rails against God-Kings, she’s got this.
Forwarded from Comfy
Space Command in Prague. 👀

I wonder if they enjoyed the Bitcoin conference?
Nice folders. Nice timestamp.
The HARVEST [crop]has been prepared and soon will be delivered to the public for consumption.😊
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Welcome to the 2024 summer solstice -- also known as the astronomical start to summer, and the longest day of the year.

The summer solstice takes place at approximately 3:50 p.m. CT June 20 in Chicago,

At that time, the Chicago area will see its longest day of the year, with approximately 15 hours, 13 minutes and 41 seconds of daylight -- the most we'll see on a single day this year, the site said.

#covfefe time LFGOOOO
Where have we seen the hand on chin before? KEK
Forwarded from bullion, bitcoin & bullsh*t w/ GMONEY (GMONEY⭐️⭐️⭐️)
Coincidence?

Julian Assange was clutching the Gore Vidal book on 4/11 = 44 KEK

COVFEFE or PEPE Comms?
After the last several months of Trump telling and showing us that he is pro Bitcoin, exc., if you are an anon and you are still failing and/or refusing to understand that 💸is the future, then I really don’t know what to tell you. It’s unacceptable, and to be blunt, flat out idiotic to be denying it at this point. 🙄
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Forwarded from bullion, bitcoin & bullsh*t w/ GMONEY (GMONEY ₿)
Trezor just released the new Safe 5! They now offer a specific version designed for Bitcoin ONLY!

As always Trezor is Open Source!

Pre Order Now
2024/06/20 22:07:05
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