80% of the world's commerce takes place in USD. How quickly will de-dollarization take place?

I've opted out of the rage-inducing cycle of the news. It's been a massive upgrade in quality of life that I'd recommend to anyone. It's interesting to hear friends talk about Javier Milei's presidential candidacy in the terms they've been spoon-fed by journalists simply looking to get eyeballs/clicks on their content. "But Trevor! He's in favor of people selling their organs!" has been the winner so far (prob bc he's a libertarian who simply thinks people can do what they want with their bodies and some journalist decided to run with that headline).

The Argentinian peso is trading at 690:1 on some crypto exchanges that run over the weekend. IT WAS AT 600:1 LAST WEEK, PEOPLE. This is why we Bitcoin. We're separating money from corrupt politicians.

It gets better, the results in Argentina are holding true across the nation. Javier Milei, a pro-Bitcoin presidential candidate in favor of eliminating the Central Bank, is leading the nation in polls. Wow.

Córdoba just elected Javier Milei, the pro-Bitcoin, anti-Central Bank Austrian economist. Interesting development in South America.

Getting my family onboard with multisig cold storage. LFG

Bitcoin is alchemy.

Argentinian peso drops to all-time low against USD at 595:1 in the Buenos Aires region. ...3 weeks ago it was hovering around 500:1 USD. This is why we Bitcoin. This is why we're separating money from government.

Ripple rekt.

Argentinian peso is inflating into oblivion. Any sense of monetary stabilization is coming from the defacto dollarization of the country. We need to copy/paste El Salvador's fiscal policy. Ecuador took 2 years to emerge from the short-term turmoil of currency change more than 20 years ago. The Argentinian economy would stabilize at lightning pace in comparison. The band-aid needs to be ripped off.

Central Bank of Argentina announces that it will not be dipping into gold reserves to pay off the financial terrorists at the IMF.

Travelers know that travel is like jazz; the art of improvisation comes with practice.

Mexicans will tell you that their family members living in the US are returning like never before. They're realizing that modern-day life in the US isn't quite as appealing as it used to be. My friend's brother is doing a 180 after 4 months in the country after seeing how much a non-skilled worker has to do in LA to make ends meet, nevermind having health insurance, which is a luxury these days. The system's breaking and I don't see how it's going to be fixed aside from a return to sound money.

Where would the market be without the advent of ERC-20 tokens?

The only reason why I find the presidential candidacy of Millei fascinating is because he's a proponent of a "currency competition", and I know the people will ultimate be in favor of bitcoinization as well. Oh, and HE WANTS TO ELIMINATE THE CENTRAL BANK.

Argentina is said to have more than $70B in physical dollar bills already in the country. It's already dollarized and anyone who lives there will tell you the same. It feels weird to lobby for dollarization, but it's by far the best short-term solution. Ideally would love to see Argentina follow the El Salvador blueprint (albeit a work in progress).

León Ferrari: cypherpunk AF.

Buenos Aires Herald

León Ferrari: art against church and state - Buenos Aires Herald

A comprehensive exhibition at the Buenos Aires Fine Arts Museum features the work of Argentina’s renowned contemporary artist, celebrating the 10...

I'm addicted to tacos de cabeza in Mexico City. Don't want to leave this city or its food.

USD hits all-time high against Argentinian peso in the blink of an eye. Currently hovering around 550 ARS for 1 USD. Free-fall underway. 6th-worst in the world.

Twitter: worst re-brand in recent memory? Worse than Facebook?