Javier Milei has just publicly doubled down on eliminating the Central Bank (BCRA). Inject this straight into my veins.
RunningBitcorn
savedbysatoshi@getalby.com
npub19ahg...xn5t
Boots on the ground Bitcoin and other freedom things from Argentina.
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Greetings from Argentina.
Comparisons between Milei and the usual suspects like Trump and Bolsonaro are lazy takes. Do the work to figure out how different Milei really is from those bozos.
Pro-Bitcoin Argentinian president-elect Javier Milei seems to be realizing how dire the economic situation created by the Kirchneristas is. "No hay plata" he says with a resigned voice. There's no money.
They've spent it all and then some. Vice-president Cristina Kirchner took a $60,000 flight yesterday for the 30th time during this administration alone, for example.
They claim to be of the "pueblo", but they live lives of extravagance while 50% of the country lives in poverty, 10% of which is considered third world levels of severity.
So...2024 is gonna suck pretty hard for Argentina, but the band-aid will be ripped off and we'll come out ahead because the money will be separated from the government.
All of a sudden the Argentinian media is interested in where the money's coming from. This is a step in the right direction. It's all about the money.
The US media is really whiffing on the whole Milei victory thing. The worst are the outlets (read: entities employed by ignorant digital natives who haven't left the country) calling Milei a "fascist."
That's right, they're calling the man who is gunning to shrink the government by 80% and eliminate the state's ability to print fiat a fascist. The ineptitude of the US's education system is on full display when it comes to anything international, tbh. Take anything you read from the corporate media with a grain of salt, as always, and feel free to ask someone with boots on the ground (ahem) about what's going on.
"Freedom and liberty has won!"
Not yet. Not today, but this is an important step in the right direction. Milei still finds himself at the helm of a failed institution and righting the ship will be a massive undertaking. Now we find out how the sausage is made. Eliminating the BCRA and enacting a currency competition will take a gargantuan effort. The path is paved with self-serving bureaucrats at every turn who have no intention of making this easy. The Argentinian people have already voted with their savings; they want to dollarize. A "currency competition" would allow Bitcoin to flourish in a P2P manner; this is why Bitcoin education is vital.
Gol de Argentina. #bitcoin
Yo elijo creer.


Polls have now closed in Argentina. Results are supposed to be tallied faster than they were in October due to the fact that it's a single issue vote.
Alright, today's the big day in Argentina. Let's see if it's liberty or Venezuela 2.0.
It's truly astonishing to see Argentinian and global corporate media attempt to paint pro-Bitcoin presidential candidate Javier Milei as a fascist.
The man is literally running on a platform of severely diminishing the power of the government by separating money from the state. This could not be more anti-fascist if he tried.
By all accounts pro-Bitcoin presidential candidate Javier Milei is leading the latest polls in Argentina, with as muchas a 13% lead over degenerate Keynesian economic minister Sergio Massa.
Latest polls in Argentina have the presidential run-off at 50/50 between the Keynesian populist clown Sergio Massa, the current economic minister, and pro-Bitcoin Austrian economist Javier Milei.
Regardless, I am undeterred in the urgency and necessity of launching Bitcoin education here.
Stay tuned...
I witnessed a rather swift eviction of a couple of homeless junkies yesterday in Microcentro Buenos Aires. They were pitchforked out of their squalor in a matter of minutes. Rude awakening especially if you're strung out on paco. A surefire sign that elections are in full tilt. Enforcement will go back to being lax afterwards because the government is just as broke as those junkies they're sweeping under the rug. The government is comprised of fiat junkies. They couldn't quit debasing the money for their personal agendas if they tried.
Argentinians are doing their best to escape the crushing inflation caused by rampant printing of the peso:
What they'll do is load up on purchases with their credit cards at the beginning of the month and then hope to pay at cheaper prices in USD terms at the end of the month.
Thus, the peso goes through mini-monthly cycles of boom and bust.
For example, had I attempted to exchange USD for pesos merely a week ago, I would've received 10% less pesos for my dollars, so it behooves me to time my rent payment accordingly.
When money breaks.
Orange-pilled an Argentinian pornstar today.
"May you always live in interesting times."
-Chinese proverb (that's more of a backhanded compliment depending on who you talk to)
DM me if you're going to LaBitconf in Buenos Aires this coming weekend.
Mandáme MP si te vas a LaBitconf el finde que viene en BsAs!
To be honest if Sergio Massa wins I don't see a way out of completely economic disaster for Argentina. Venezuela 2.0. Not being hyperbolic: this is how backwards the Argentinian government is at the moment, and a win from Massa would guarantee a prolonging of the status quo. Hyperinflation is irreversible and dollarization is the only near-term solution.
Best practices for cybersecurity at a Bitcon conference?
Argentinian presidential candidate Sergio Massa tweeted out a short blip about how he's meeting with delivery drivers to converse about their working conditions, appear to be pro-worker. He's actively devaluing their hard day's work with fiscally backwards policies.
He's buying votes and it's on full display. It's even more concerning that these workers are clearly unaware of what monetary expansion does to the purchasing power of their currency. These are the people that are affected most by fiat corruption.