Time to study Bitcoin, Señor Presidente.

Our knight in shining armor who's teaching everyone that crypto is nothing more than a degenerate online casino: Remember frens: Bitcoin-only.

Welp, confirmed: Javier Milei is a shitcoiner. Broken hearts everywhere last night in Argentina and shitcoinville. Hopefully some new Bitcoiners were minted from the experience. Pain is the best teacher.

Greetings from Argentina you freedom-loving Nostriches. Tonight's the night; we're taking a momentary detour from our Bitcoin-centric meetup to talk a bit about Nostr. A big gracias to @Derek Ross for his stellar compilation of Nostr beginner resources. We've created an 8-page fanzine for our attendees to take away, complete with QR codes they can scan at home to keep digging into the protocol's immense implications. Time to commense the purple pilling in Argentina!

Greetings from Argentina, you freedom-loving Nostriches. Next week at my meetup we're doing an introductory unit to Nostr for our attendees. If you have any good resources to pass along, please do. Doesn't matter if it's in English, we can translate, no problem. Also any cool Nostr-themed art for our mag, if you'd be so kind. DMs are open! Viva la Nostr!

Greetings from Argentina, you freedom-loving Nostriches. Reminder:

Greetings from Argentina, you freedom-loving Nostriches. So, what do we think about Bukele bending the knee to the IMF? What's El Salvador's angle now with a strongman president changing the Constitution to suit his needs? Meanwhile in Argentina Javo is already talking about his exit plan while continuing to take enormous steps to further the Currency Competition, where the best money wins out regardless of who's in power. Which way, anon?

Greetings from Argentina you freedom-loving Nostriches. We're kicking off 2025 in Bitcoin education with a bang. Our third BitDevs in Argentina is happening tomorrow night at our newly-opened Bitcoin hub in Córdoba, Argentina. Education is the base layer. LFG

Silk Road 2.0 will be built on Nostr.

Greetings from Argentina you freedom-loving nostriches. Happy New Year! Feliz Año Nuevo! Javier Milei has published an editorial for La Nación on Argentina's macroeconomic progress in 2024. Yet another masterclass from the legend. 2025 is going to be massive for Argentina. LFG Read the translation here: "When you browse through books on economic growth, you'll find they nearly all share the same quote from Robert Lucas Jr. In a 1985 lecture in Cambridge, he said: “Growth rates of per capita GDP vary… While India’s income doubles every 50 years, Korea’s does so every 10. An Indian will be, on average, twice as well off as his grandfather, while a Korean will be 32 times better off… I don’t understand how you can look at figures like these without seeing that they represent possibilities.” This raises a key question: could the Indian government take steps to achieve Indonesia- or Egypt-like growth? If so, which ones exactly? If not, what is it about ‘the nature of India’ that stands in the way? The human implications of this question are staggering—once you start to think about it, you can’t think about anything else. Naturally, the same question applies to Argentina and any other country aiming to raise its citizens’ standard of living. In Argentina’s case, it’s even more relevant: in the early 20th century, we were among the world’s five richest countries. By 2023, however, we had fallen to 113th in per capita GDP, with poverty at 54.8% and extreme poverty at 20.2%. These figures alone are enough to illustrate the critical importance of economic growth. This debate is hardly new. As early as 1776, Adam Smith showed that a blend of free markets (the “invisible hand” and its connection to property rights), economies of scale (the pin factory), technological progress, learning by doing (specialized human capital), combined with a minimal State and sound monetary policy (the gold standard), would bring about prosperity. But this hopeful vision was overshadowed by Thomas Malthus’s darker theory of diminishing returns. Later, in the late 19th and early 20th century, economists began recognizing Malthus’s mistake. However, the Great Depression and the work of John M. Keynes shifted the debate for half a century—until Paul Romer and Robert Lucas Jr. reignited it. Their ideas built on the contributions of Harrod, Domar, Solow, Swan, Uzawa, Hahn, Phelps, Cass, and Koopmans. In 1989, Mankiw, D. Romer, and Weil provided empirical evidence placing not just physical capital but also human capital front and center in the growth discussion. So, what have we learned from all this that can help pull our country out of the pit created by a century of socialist populism? First, we’ve learned that stability is vital for growth. Perpetual fiscal deficits, inflation fueled by money creation, and external imbalances—alongside exchange rate gaps, loss of reserves, and mounting debt—form an explosive combination that keeps us perpetually teetering on the brink, undermining any long-term planning. In this regard, eliminating the fiscal deficit (in the Treasury) and the quasi-fiscal deficit (in the Central Bank) has curbed the need to print money. As a result, monthly wholesale (retail) inflation has dropped from 54% (25.5%) to 1.4% (2.4%). This has been achieved (i) without asset expropriations, (ii) without price controls, (iii) by adjusting tariffs, and (iv) without fixing the exchange rate—in other words, all while respecting property rights. If we remove the inflationary effects of a crawling peg exchange rate, wholesale prices would actually be in deflation and retail prices would be flat. Inflation is therefore on its way out, taking with it the distortions that erode incomes and discourage investment. At the same time, reducing the fiscal deficit has led to a sharp drop in country risk. Around the time of La Libertad Avanza’s victory, that risk hovered around 3,000 basis points. It dipped to 1,900 when the new administration took office, and now, after a full year of balanced finances, it sits at about 600. This is no small detail: when country risk goes down, domestic interest rates follow suit, which in turn lowers the cost of capital for companies. As a result, valuations can surge (up 200% this past year) and new investments flow in. In turn, per capita capital stock rises, boosting labor productivity and ultimately leading to higher wages—which, in turn, drive down poverty and extreme poverty. But this is more than just rhetoric. A recent study by Juan Pablo Nicolini shows that simply achieving fiscal balance alone ensures an annual per capita growth rate of 4.5%, meaning GDP per capita would double in just 15.6 years. However, as the author himself notes, the study doesn’t address how that balance is achieved. It makes a difference whether it’s reached by cutting public spending or by raising taxes—not just for allocation and welfare (utility) reasons, but also because the consolidated adjustment effectively returns (or stops siphoning off) 15% of GDP back to Argentines. Naturally, not all of these gains will be saved, but savings will still go up, allowing for more investment and growth. In this sense, the fiscal improvement sets a significant foundation for growth, especially given Argentina’s history. As the economy expands, taxes can continue to be reduced, further fueling growth and freedom. Finally, there are the structural reforms. By implementing DNU 70/23 and the Ley Bases, Argentina has enacted a reform package eight times larger than the one under Menem, lifting the country 70 spots in the economic freedom rankings. This is significant: freer economies not only grow twice as fast as those under heavy restrictions, but they also have per capita incomes 12 times higher and 50 times fewer people living in extreme poverty. These changes didn’t end with those two major milestones, either: an average of 3.5 regulations are repealed per day, expanding both our freedom and our incomes. All of this amounts to the most ambitious transformation in Argentina’s history. Combined with reforms in health, education, labor, and legal matters, and supported by improved security at home and abroad, these developments have made 2024 a turning point in our history. By simply maintaining the measures already in place, 2025 will mark the start of Argentina’s reconstruction—setting us on a path to reclaim our place among the world’s leading nations after 40 long years. Original link for La Nación article:

LA NACION

Opinión | El retorno al sendero del crecimiento

En esta columna, que envió a LA NACION, el Presidente explica su visión del rumbo de la economía y la perspectiva de cómo debe seguir el proces...

Greetings from Argentina, you freedom-loving Nostriches. MILEI’S LATEST MOVES: A RUTHLESS RESET FOR ARGENTINA 🇦🇷 STREAMLINED GOVERNMENT & DEREGULATION Deep Cuts: A relentless audit will slash public spending like never before, trimming the state to a lean, effective machine. Expect the ax to fall on unnecessary agencies, secretariats, and publicly-owned firms. Tasks that don’t belong to the National State? Gone. ECONOMY & MONEY MATTERS Tax Overhaul: Prepare for a 90% reduction in federal taxes and the return of full tax autonomy to the provinces—ending a long-overdue federal stranglehold. End of FX Restrictions: By next year, currency controls (“cepo”) will be history. The Central Bank’s reserves issue will find a permanent fix, potentially through an IMF deal or private agreements. Currency Freedom: You pick the currency. Argentines can buy, sell, and invoice in dollars—or any other currency—except taxes, which still must be paid in pesos (for now). Investment Boost: With a sound fiscal framework, major investors are lining up. Over $11.8 billion in approvals are pending, and more billions are on the way in sectors like infrastructure, mining, steel, energy, automotive, tech, oil, and gas. INTERNATIONAL TRADE REBOOT Mercosur Revamp: Strip away tariff barriers within Mercosur’s internal market. Slash the common external tariff that drives up prices. Pursue a U.S. free trade agreement next year—something that should’ve happened 19 years ago. TOUGH ON CRIME & SECURITY Repeat Offender Law: Criminals who commit crimes again will face stiffer penalties. Anti-Mafia Legislation: Inspired by the U.S. RICO law, this measure aims to dismantle organized crime networks. Lowering Criminal Age: Offenders old enough to understand their wrongdoing are old enough to face the music. Federal Police Revamp: The new model? An Argentine FBI—streamlined, technologically advanced, and laser-focused on national and international threats. Not the toothless version previously floated. Anti-Narcoterrorism Unit: A specialized force will tackle drug trafficking in the triple border area, with support from neighboring Mercosur countries. POWERING THE FUTURE: NUCLEAR & AI Argentine Nuclear Plan: A bold nuclear agenda will include new reactors and research into small, modular reactor tech. Stay tuned for Dr. Reidel’s plan, set to put Argentina back at the cutting edge. ELECTION YEAR WITH A TWIST No Vote-Buying, Just Results: Instead of splurging to win votes, the government will stay the course on fiscal adjustments, cutting taxes, and returning wealth to the private sector. A complete tax reform is on the horizon—no pandering, just progress Abrazo de Libertad!

Greetings from Argentina you freedom-loving Nostriches. 🇦🇷 1 year of Milei, and what a ride it's been. Let's run through the highlights from the past 12 months, shall we? Balanced the books: Eliminated the fiscal deficit and posted our first surplus in 15 years. Lean government: Cut ministries down from 18 to 8. Stable currency: Regained control of the foreign exchange market, enabling over USD 20 billion in Central Bank purchases. Tamed inflation: Brought it down from 25% to 2.7% without price controls or draining reserves. Unified exchange rate: Narrowed a 200% exchange gap to zero. Interest rate relief: Slashed rates from 111% to 32%. Monetary cleanup: Defused the LELIQ hyperinflationary threat. No more money printing: Stopped financing the Treasury by issuing currency. Lower risk: Reduced country risk from 2,000 to 750 points. Housing boost: Repealed the Rental Law, increasing availability and cutting real rental costs. No more blockades: Implemented an anti-blockade protocol to end road shutdowns. Cleaning house: Closed corrupt trust funds. Streamlined institutions: Shut down INADI, TELAM, and the Ministry of Women, Gender, and Diversity. Academic accountability: Closed the University of the Mothers of Plaza de Mayo. Tax overhaul: Replaced AFIP with ARCA, shrinking bureaucracy and workforce. Privatization push: Began selling Belgrano Cargas Railway, with more to follow. Culture reset: Removed militant staff at INCAA and slashed its bloated budget. Full audit: Examined the entire National Public Sector, including universities. No perks: Cut political privileges like private chauffeurs and lavish catering. Presidential efficiency: Reduced presidential staff and ended daily helicopter commutes. Healthcare choice: Let workers pick their own health insurance plans. Fiscal discipline: Vetoed irresponsible bills to protect zero deficit policies. Currency freedom: Legalized the blue dollar and informal exchanges. Historic reform: Passed the Bases Law, the biggest state overhaul in Argentine history. Progressive pact: Signed the May Pact for political and economic modernization. Criminalizing recklessness: Proposed making unbacked money printing a crime. Modern labor laws: Issued DNU 70/23 for a more flexible job market. Deregulation drive: Freed private healthcare, pharma, automotive registries, and airports from red tape. End of graft: Stopped public works projects as vehicles for corruption. Safer streets: Intervened in Rosario, cutting homicides by 70% and achieving a murder-free month. Open governance: Held a historic public town hall on May 25. Patriotic revival: Restored national pride in the Armed Forces with parades and big investments. Stronger defense: Acquired 24 F-16 jets and planned a U.S.-backed naval base in Ushuaia. Tech partnerships: Met with Musk, Cook, Pichai, Zuckerberg, and Altman to attract investment. Global spotlight: The only leader at Trump’s victory celebration and the first to snap a post-election photo with him. Tech ambition: Aiming to place Argentina among the world’s top four tech hubs. Drug crackdown: Achieved record-breaking narcotics seizures. Market trust: Removed price controls and stabilized the pricing system. Free trade: Eliminated restrictive import controls (SIRAs). Performance-based public sector: Fired 30,000 unproductive employees and mandated competency exams for all. Inflation victory: Reduced Buenos Aires inflation from 21.1% to 3.2% in just months. Dollar access: Lifted restrictions and bans on purchasing dollars. Better pensions: Raised minimum pensions from USD 86 to USD 230, indexed to inflation. Sometimes I have to pinch myself at how quickly this country is changing. Let's hope 2025 we continue to see the State apparatus shredded to bits. Abrazo de libertad!

STACK TO THE FUTURE!!!!! Greetings from Argentina, you freedom-loving Nostriches. Doxxing myself, but whatever...I'm a Bitcoin educator in Argentina. I moved down here a year ago taking a chance on the potential for the Currency Competition that Milei was purporting. I'm from the US, but my family has roots down here. I wanted to be the spark to launch a massive movement to help Argentinians survive hyperinflation, to root out usury, seigniorage, and the Cantillon Effect (because fuck fiat). Things have played out exactly how I was hoping. Some days I have to pinch myself. I launched Bitcoin School (www.bitcoinschoolar.com) from nothing a year ago, it's been a grind. Within our first year of operation, we've managed to begin working with Argentina's most decentralized university (Siglo 21), achieve Full Node status with Mi Primer Bitcoin, and open our doors to the country's first Bitcoin-only education center/hackerspace (outside of Buenos Aires). I need your help to furnish this place. I've worked for free for a year to get this project off the ground, and I know how badly the world's rooting for Bitcoin in Argentina. Let's do this together. We'll be running Argentina's first BitDevs, a freedom tech hackerspace, and weekly workshops to take Argentinians from 0 to 1. Córdoba is Argentina's Texas. You need to come visit. I need allies to come push the ball forward. First barbecue's on me if you make it down here. I guarantee you'll fall in love with the city/region. In the meantime, here's our itemized list of needs to get things moving:

Geyser | Bitcoin Crowdfunding Platform

A Bitcoin crowdfunding platform where creators raise funds for causes, sell products, manage campaigns, and engage with their community.

Thanks in advance; there's nothing more I'd rather be doing with my life's energy than separating the State from the money. LFG

Greetings from Argentina, you freedom-loving Nostriches. As an Argentinian American Bitcoin educator it feels like things are in price discovery mode on several levels. Más bullish q nunca. Come visit Córdoba when you can. Argentina is waiting for you.

Greetings from Argentina you freedom-loving Nostriches. Bitcoin miners on display at the Central Bank's museum. Probably nothing.

#buenosaires

Greetings from Argentina you freedom-loving Nostriches, Hello from LaBitconf, Buenos Aires. LFG!

Greetings from Argentina, you freedom-loving Nostriches. It's with great joy I'd like to report that President Javier Milei has dissolved AFIP, the Argentinian IRS. It will be replaced by a far smaller, less-bloated entity that will have a shorter reach, with 50% of its directors being shown the exit. Over 3155 state employees are gone. AFUERA! We can't stop winning.

Greetings from Argentina, you freedom-loving Nostriches. The Milei Administration just announced legislation to shut down the National Mint. This comes on the back of video released of vice-president Villaruel meeting with Bukele and not only asking about Bitcoin, but about Bitcoin bonds. What a day, someone pinch me. Oh, also Congress passed the single ballot measure, which is a massive step for a Milei midterm victory. Abrazo de Libertad!