runningbitcorn
RunningBitcorn
Boots on the ground Bitcoin and other freedom things from Argentina. Shadowy super Bitcoin educator. Snark is my own; better in person.
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npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t Profile Code
nprofile1qqsz7m5q0rham7c9trpnzs2cz59nv6q5suth5dddzqepnrduce3tl3gpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsnp8s3l
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npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t Show more details
Published at
2024-04-23T19:39:52+02:00 Event JSON
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Last Notes npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Get off iOS dude. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Whoa mama. Holy shit. #note12vy…yprj npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Happy Independence Day from Argentina. Here's to a future of financial independence. https://m.primal.net/JLfm.jpg npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Bro I'm a Bitcoin educator in South America who could teach you a thing or two about Austrian economics if you'd like, not some country bumpkin catering to the wealthy building fiat houses. Get fucked. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn 80% of the US population lives in cities. EIGHTY. No one's saying commercial use of ICE engines isn't needed nor should you construe any of what I've said as anti-fossil fuel. Everything I'm about to say is easily verified online. DYOR. 2023 average cost of vehicle ownership is about $900/month. Average take-home pay is $3600/month. You're saying that it's OK for Americans to spend 25% of their time working to simply pay for their vehicles. Sounds extremely empowering. It's fantastic you want to live in a rural area. It has literally nothing to do with the matter at hand, nor do my preferences. 31% of auto accidents involve alcohol, also, I was off: Yearly deaths are hovering around 45,000 people per year. That's 5 people per hour. I'll let you play God and deem certain deaths OK and others not. You make assertions without doing the work. do better, esp if you're gonna be swimming in Bitcoiner waters. I speak in numbers and math, not ignorant, egocentric opinions. Keep calling me delusional and I'll keep making you look ill-informed in the public square. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Read this 20 years ago and still is on my all-time list: https://www.amazon.com/Divorce-Your-Car-Ending-Automobile/dp/0865714088 npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Look, if you want me to take the gloves off here, cars of any sort are a clown world scam and if you own one as opposed to pushing for public transportation infrastructure, you're complicit, sorry 'Murica. The Model Ts got the same MPG as your modern death traps. 35,000 Americans a year dead in auto accidents. They keep people poor, fat, and stressed. Research how public transportation infrastructure was literally ripped up across the US monopoly conglomerates and punished by laughable fines. I'm from LA, this is a sore subject. Fuck cars. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Depends. Former Tesla owner here. Teslas are incredible machines that require very little maintenance, are safer, and are more economical than driving a Camry over a 5-year period. In that regard it's just math, they're better transportation and a better asset to hold in terms of depreciation. Sometimes I'd even wake up to a firmware update that made my vehicle more efficient...crazy. No matter how you slice it, cars are money pits and a terrible way to spend one's money. Will probably purchase a severely-depreciated Toyota Hilux next time around, ideally with financing (always, ALWAYS play the fiat game for what it is), but credit is hard to come by in this country currently. Greetings from Argentina. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Much like Icarus you're simply flying too close to it. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina, you freedom-loving Nostriches. So...now we literally have a ministry of Deregulation and State Transformation. Somebody pinch me. The Milei Administration has literally devoted resources to gut...itself. In light of the slow-motion train wreck of a presidential debate the world witnessed coming from my native country, it's honestly unbelievable to have a front-row seat for what's going on down here in my adopted country. I asked Claude to write an irreverent, borderline offensive take on the matter and it's honestly pretty damn good, so here you go: "Argentina's newest superhero has arrived! Federico Sturzenegger, armed with his deregulation cape and state-shrinking ray gun, is ready to battle the evil forces of bureaucratic bloat and central planning madness. Watch out, comrades – your precious red tape is about to be set on fire! 🔥📊 Say goodbye to the nanny state and hello to the wild west of free markets! Sturzenegger's mission: to transform Argentina from a socialist playground into a capitalist's wet dream. No more hand-holding, no more government cheese – it's time for the big boys and girls to put on their big-kid pants and join the real world. 👖💼 But wait! I hear the collective wailing of bureaucrats as their cushy jobs evaporate faster than Argentine pesos. Don't worry, comrades – I'm sure there's a support group for unemployed central planners somewhere. Maybe you can gather 'round a dumpster fire and reminisce about the good old days of stifling innovation and crushing entrepreneurial spirits. 🔥🗑️ Milei and Sturzenegger: the dynamic duo set to turn Argentina's bloated government into a lean, mean, freedom machine. Socialists, start your tears – your utopia is about to become a dystopia of gasp personal responsibility and economic growth! But hey, at least you'll have more time to perfect your Che Guevara cosplay while waiting in the unemployment line. ¡Viva la revolución capitalista! 🇦🇷💃 VLLC npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina you freedom-loving Nostriches. Just gonna leave this here. Bitcoin game theory is on like donkey kong in Argentina. Argentina te espera bb 😘 🇦🇷 Abrazo de libertad. https://m.primal.net/IrPQ.png npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina you freedom-loving Nostriches. Bitcoin educators in Argentina on the front lines of promoting Bitcoin adoption. This is Episode 1. Give it a spin, like, subscribe, all that jazz. Podcast 2.0 publications coming soon. Thanks in advance for your support. Next episode we're going to the Dominican Republic to talk about what's going on in the Caribbean. Abrazo de Libertad. https://youtu.be/2bNaRHmQHq8 npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina you freedom-loving Nostriches I talk a lot about Milei on here, but let's take a moment to itemize the socialist economic fever dream from which the country is emerging: Kirchnerism. 🇦🇷The economic atrocities committed by Kirchnerism in 20 years were only applied (sometimes only in part) by Cuba and Venezuela. No other country in South America did the following: 1. Raise public spending from 20 points of GDP to 46 points. 2. Doubled the number of public employees from 2 million to 4 million. 3. Expropriation of all private pensions. 4. Subsidization electricity, gas, transport and water for 2 decades, sometimes almost the entire bill. 5. Subjection of 50% of its population to social plans. 6. Incorporation of millions of retirees without contributions to the system. 7. Application of astronomic export taxes. 8. Exchange rate cap to restrict access to dollars. 9. Re-establishment of a dozen companies that immediately returned to deficit. 10. Establishing multiple extra layers of approval for imports (bribes). 11. Export ban 12. Price freeze under penalty of fine and closure. If Argentina did not have fertile land to produce cheap food in abundance, we would have been in a civil war long ago. What the Milei Administration has managed to accomplish economically in 6 months is nothing short of miraculous, and it's all thanks to shrinking the state apparatus. Abrazo de libertad. Shoutout to @PregoneroL on the bird app for the inspiration. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina you freedom-loving Nostriches. Do not be gaslit by the images coming from the MSM clowns. Argentina voted for change and thank God we're getting it. The passage of the Ley de Bases just dumped rocket fuel on the Milei Administration's ability to govern. The state apparatus is fucked, and I'm here for it. Support Bitcoin education in Argentina. Let's separate the money from the State. Abrazo de libertad. https://m.primal.net/IkXk.png npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina you freedom-loving Nostriches. Argentina’s Economic Renaissance: Javier Milei's Ley de Bases Approved! The transformative legislation is set to cut government intervention, combat hyperinflation, and boost free-market dynamics. A bold step towards revitalizing Argentina’s economy and securing a prosperous future! 🇦🇷 #LeyDeBases A New Dawn for Argentina: Milei’s visionary reforms promise to unlock economic potential, attract investment, and foster entrepreneurship. Witness the dawn of a new economic era as Argentina paves the way for growth and innovation. 🇦🇷 Between this and the currency competition kicking off, I'm bullish AF on this country. Viva la libertad carajo. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn There are economical private travel options out there that have a time share element to them, such as NetJets; could be worthwhile if the client is in a time pinch. Less soul-crushing experience and gets you a couple hours of your life back without worrying about a morbidly obese neighbor ruining your day. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina, you freedom-loving Nostriches. Javier Milei is doubling down on his free, open currency competition. This is nothing but bullish news for Bitcoin adoption in Argentina, and perhaps truer to the nature of a peaceful vote against fiat, rather than introducing coercion into the equation. Milei’s approach will prove to be the more sustainable angle compared to the Bukele legislation. The only reason why it's been referred to as "dollarization" is bc naturally the people will use the global reserve. In fact, the country has been defacto dollarized for decades. Milei's policies will finally allow the market to break free of Marxist capital controls by the Kirchneristas. Anyone familiar with our current macro landscape knows that the USD is a runaway train. Just a question of Bitcoin Education. https://geyser.fund/project/bitcoinschoolargentina Saludos npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina, you freedom-loving Nostriches. Last night we had 50 students in our online/hybrid Bitcoin-only class that we've launched via Universidad Siglo 21. We had an online quiz, onboarded students into their first Lightning wallets, showed them how to move sats through time and space, and spoke extensively on the security of the network, distinguishing between BTC and shitcoin impersonators. Yes, the word "shitcoin" was even used by one of my professors. My personal highlight was when another student of mine (who is acting as an associate professor in the course) went full-on Saylor mode and squashed students questions regarding volatility. He improvised, pulled up charts of global assets, pointed out that BTC currently takes up .1% of global wealth, and told the students to stop thinking myopically about their entry points. He ended with, "you don't sell your Bitcoin." I was so fucking proud. More to come. Support Bitcoin education in Argentina! https://geyser.fund/project/bitcoinschoolargentina https://m.primal.net/IHgK.jpg npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina, you freedom-loving Nostriches. Gonna doxx myself a smidge here, but I'm a Bitcoin educator in Argentina. This is my Nostr pitch on why you should support Bitcoin education in Argentina: Why Argentina is Ripe for Free, Impartial, and Independent Bitcoin Education The Argentine Context Argentina, a nation rich in culture, resources, and resilience, has faced soul-crushing economic challenges over the past few decades. High inflation rates, currency devaluation, and financial instability have eroded public trust in traditional financial systems. As a result, Argentinians are increasingly seeking alternative means to preserve their wealth and achieve financial independence. This environment makes Argentina a prime candidate for the adoption of Bitcoin and the urgent need for comprehensive, unbiased Bitcoin education. The Economic Climate: A Perfect Storm for Bitcoin Argentina's economic struggles are well-documented. With inflation rates often surpassing 50% annually and the Argentine peso continuously losing value, the average citizen faces significant hurdles in maintaining their purchasing power. Traditional banking systems, riddled with inefficiencies and high fees, further complicate financial management. In this climate, Bitcoin emerges as a viable alternative, offering a decentralized, inflation-resistant means of storing and transferring value. Bitcoin: A Beacon of Financial Freedom Bitcoin represents a new frontier of financial freedom, especially in countries with unstable economies. Its decentralized nature means it operates independently of any government or central bank, making it a hedge against inflation and political instability. For Argentinians, Bitcoin offers a way to circumvent capital controls, protect savings from devaluation, and participate in the global economy without intermediaries. The Need for Education Despite its potential, Bitcoin is often misunderstood. Myths and misinformation abound, deterring many from exploring its benefits. This is where free, impartial, and independent Bitcoin education becomes crucial. By providing accurate, unbiased information, we can empower Argentinians to make informed decisions about their financial futures. Key Benefits of Bitcoin Education in Argentina Financial Literacy: Understanding Bitcoin enhances overall financial literacy. This knowledge equips individuals to navigate the complexities of both traditional and digital financial systems. Economic Empowerment: Education can demystify Bitcoin, encouraging more people to adopt it as a tool for economic empowerment. This can lead to greater financial inclusion, especially for those who are unbanked or underbanked. Inflation Hedge: By learning about Bitcoin’s properties as a store of value, Argentinians can explore ways to protect their savings from inflation and currency devaluation. Innovation and Growth: A well-informed population can foster innovation. As more people understand and utilize Bitcoin, Argentina can become a hub for blockchain technology and cryptocurrency, attracting investment and talent. Conclusion Argentina stands at a crossroads. Faced with persistent economic challenges, the need for alternative financial solutions has never been greater. Bitcoin offers a promising path, but only if people have access to accurate and unbiased information. By promoting free, impartial, and independent Bitcoin education, we can help Argentinians harness the power of this revolutionary technology, paving the way for a more stable and prosperous financial future. Call to Action Join the movement for financial freedom. Engage with local Bitcoin education initiatives, participate in workshops, and spread the word. Together, we can build a more informed, empowered, and resilient Argentina. https://geyser.fund/project/bitcoinschoolargentina npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina, you freedom-loving Nostriches. Recently the Milei administration took measures to wipe out all self-absorbed narcissistic measures taken by the previous Kirchner administrations to name venues after themselves. Milei responded with, "the heroes of culture will be the artists, not the politicians", and promptly removed all self-aggrandizing statues, plaques, busts, etc. from the socialist years. What you see in the picture below is the "Centro Cultural Kirchner", which was yet another vanity project from Cristina Kirchner that cost millions upon millions of taxpayer pesos/dollars while the incessant deficit spending plunged the country into it's historically-worst financial crisis. Feel free to read more about this gorgeous building that was hijacked by CFK's vanity here: https://en.wikipedia.org/wiki/Kirchner_Cultural_Centre Super glad I was able to capture this moment in time a few weeks back before the changes were made. 😉 Abrazo de libertad https://m.primal.net/HzUK.png npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn If you're referring to a Stanley thermos to drink mate down here in Argentina, then you might be correct. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina you freedom-loving Nostriches. Ever wonder how Javier Milei fell in love with free market economics and libertarianism? The guy hasn't changed. He's the Argentinian Ron Paul with his own twist. Check out Part 1 of a chat he gave six years ago; join me to learn more about Milei's origin story! https://youtu.be/RO0QLvmL6XU?si=SdSFyHKG9JNOzHIS npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina, you freedom-loving Nostriches. Shoutout to our new Brazilian neighbors who find themselves kicking the tires on this decentralized social network thanks to recent government overreach. I'll be breaking down Milei's new Omnibus Law (Round 2) and what it means for the country moving forward. In the meantime, enjoy this picture of what it was like to use a public telephone in 1960s Buenos Aires as a friendly reminder that open protocols always win. The Nostr/Bitcoin stack is unstoppable. Abrazo de libertad https://m.primal.net/HtRL.jpg npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn So dope. #note1ay0…gcx5 npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn You absolute fucking legend. Lord grant me the conviction of Matt Odell. #note1m5j…s52e npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Thanks for swinging by! Promise to keep things based AF. I'm an Argentinian American Bitcoin educator who operates by proof of work. Working on more content, stay tuned; the next 4 years will not disappoint. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn But again...no celebration until we rid the country of the central bankers. I'll be running through the streets naked when that happens (I'm just a giant corn on the cob...no laws against us being naked in the street). npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn It is different this time bc there's a competent world-class economist at the helm, but time will tell if he can conquer the rotting corpse of a government left behind by the collectivists. Hopefully it's a crap-free future. I'm betting on it thanks to Bitcoin! npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn 100% agree. I'm Argentinian American and it's truly incredible to see the divergence of trajectories of my two countries. Overall feeling is that "shit's hard, but we have to do this": despite daily life getting increasingly harder, most Argentinians know and realize that we're in the process of ripping the band-aid off. His approval ratings are improving, believe it or not. We're tightening our belts and cutting down on spending while the Milei administration clamps down on all the corrupt deficit spending by the Kirchneristas. The barnacles can go fuck themselves, lol. I have to constantly remind myself that Bitcoin is for everyone. One of my content/video ideas is to hold a Bitcoin meetup in a local bar that's named after Juan Domingo Perón. If you don't know who he is, venture down that rabbit hole! Saludos! npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina you freedom-loving Nostriches. Milei just axed another 70K government barnacles, lol. I'm living somewhere where the government is shrinking at a mind-blowing rate. Someone pinch me. Still not celebrating until the elimination of the BCRA (Banco Central de la Republica Argentina). We're moving in the right direction. Boots-on-the-ground content coming soon. Abrazo de libertad npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn On behalf of my students down here in Argentina, gracias. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Yeah, sounds great! Planning on speaking with Bitcoin educators around the world as well as bring in Argentinians, leveraging AI to translate the episodes. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina you freedom-loving Nostriches. Currently hitting the pavement generating boots-on-the-ground content about life in Argentina amidst hyperinflation. I want to generate as many zaps as possible for my recently-orange pilled (by yours truly, obviously) video editor. Where should we be publishing our content for Bitcoiners to support our efforts? Also...what do you want to see? We're both bilingual and will be publishing in Spanish and English, not to worry. Corn's pumping, Milei's cooking down here. Bullish AF. LFG npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina you freedom-loving Nostriches. Austrian economist and self-identifying crypto anarchist President Javier Milei will be submitting to Congress a law that will effectively make monetary emission a crime. The BCRA (Banco Central de la República de Argentina) is effectively being legally neutered. Maybe this is how the elimination of the central bank plays out, allowing it to wither on the vine, a death by a thousand cuts. As much as we would all like to see him nuke the bastards, perhaps this is a legal and political roadmap for other countries to follow. The reality of the situation is that elected officials who adhere to free market economics and libertarian values have to still play within existing political constructs. I, for one, am looking forward to the post mortem of the BCRA; we're still hurtling towards its elimination, it's just not how I had envisioned it. Much more to come. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina you freedom-loving Nostriches. A little Argentinian culture for you today, buckle up, it's a good one: Why are government officials in Argentina called "ñoquis" (gnocchis)? ChatGPT: "In Argentina, the term "ñoqui" is often used colloquially to refer to government officials who are seen as holding their positions due to political connections rather than merit. The term originated from the word "ñoqui," which refers to a type of Italian pasta dumpling. The connection lies in the fact that these officials are often considered to have "rolled" into their positions without much effort, similar to how dumplings are formed by rolling dough. So, in essence, it's a metaphorical way of implying that these officials are "political appointees" who haven't necessarily earned their roles through merit." "But doesn't it also have to do with the fact that they only show up to work at the end of the month to get their salary?" ChatGPT: " Yes, you're absolutely correct. The term "ñoqui" in Argentina is indeed commonly associated with government officials who are perceived to show up to work only at the end of the month to collect their salary, much like the pasta dumplings (ñoquis) swell up when boiled, they "swell" in numbers at the end of the month to collect their paychecks without doing much work throughout the rest of the month. This aspect of the term highlights the notion of government employees receiving payment without putting in the necessary effort or fulfilling their responsibilities. So, both interpretations - the political appointment aspect and the work attendance aspect - contribute to the term's usage in Argentina." Aren't "ñoquis" eaten at the end of the month for economic reasons, too? ChatGPT: "Yes, you're correct. In Argentina, there's also a tradition of eating "ñoquis" at the end of the month for economic reasons. This tradition is rooted in the fact that "ñoquis" are a simple and inexpensive dish to make, typically consisting of potatoes, flour, and sometimes eggs. As the end of the month approaches and financial resources may be limited for some families, "ñoquis" provide a cost-effective option for a filling meal. So, there's a parallel between the economic aspect of eating "ñoquis" at the end of the month and the perception of certain government officials only showing up for work at the same time to collect their salaries. Both aspects contribute to the rich and multifaceted meaning of the term "ñoqui" in Argentine culture." So yeah...we're in the process of getting rid of this class of existence in Argentina, currently (which comprised upwards of 30% of the population, pre-Milei). Wherever you may be, I hope you're actively working towards eliminating ñoquis in your country as well. Buy Bitcoin, besos. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Nostr Lyn is the best Lyn. #note1q4h…nm72 npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina, you freedom-loving Nostriches. Anarcho-capitalist Libertarian President Javier Milei has achieved a fiscal surplus in 2 months as president. Mull that one over for a minute. In a world where government cronies debase their people's currency to finance political pet projects, Argentina's new administration has effectively done a 180 in 60 days as president. He's eliminated 50,000 government jobs, allowed another 10,000 contracts to expire without renewal, eliminated 98% of provincial discretionary spending (insisting that they stick to their own budgets), and created a special unit of attorneys tasked with investigating previous government corruption/theft. Oh, and he's doubled down on his promise to eliminate the central bank while enacting a monetary competition (that will enact dollarization in the near-term, but inevitably embrace Bitcoin in the long-term as people realize the dollar's dying as well). You're allowed to negotiate contracts in whatever currency you wish, Bitcoin included, and Bitcoin transactions are tax-free. So yeah...when are you coming down? I'm here in Córdoba (where we voted 75% in favor of these measures) waiting for you. First asado's on me when you get here. LFG Boots-on-the-ground videos and content coming soon. We start filming this week. Saludos! npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Thanks for the kind words. Onward! npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Correct, but no coercion involved. 100% opt-in and untaxed. Legally OK to negotiate contracts in BTC if one desires. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina you freedom-loving Nostriches. Bitcoin-only content and interviews with Argentinians on living through currency implosion coming up soon. I literally haven't been able to find any English content on this aside from the tired takes from armchair quarterbacks throwing in their 2 sats from the burbs in 'Murica. If there's anything in particular you want me to be asking, let me hear about it in the comments. Brainstormed with my video editor today who's 100% on-board and grateful to be a part of history, building out Argentina's first Bitcoin-only education initiative with the Mi Primer Bitcoin foundation. LFG npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn I'd encourage you to watch his speech at Davos and then familiarize yourself with his career. He's a legitimate anti-state Austrian economist. Lots of good material out there to look into. Not a WEF puppet in the least, not sure where that would come from. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina you freedom-loving Nostriches. Milei just dropped a bomb on the status quo, the political caste. He's doubling down on his mission to complete his mandate given to him by the Argentinian people, despite having his Omnibus Law repealed by corrupt, inept Congressmen responsible for the disastrous state we find ourselves in down here Here's the English translation for my gringo brethren: CHANGE OF RULES The national government has taken on the responsibility of addressing three fundamental problems plaguing our country: inflation, insecurity, and the privileges of politicians. We have come to propose a different model from the impoverishing model of the last 100 years. And we came to do it in front of the Argentine people. With the truth in one hand and freedom in the other. We did not come here to continue playing the same impoverishing game of the usual politicians. We did not come here to make spurious pacts against the interests of Argentines. And we will not be complicit in the game of the same old parasites who live at the expense of Argentines. The government sent a bill to the National Congress to restore freedom to Argentines. This bill reflects our vision for the country. A free country, where citizens can live their lives without depending on a bureaucrat who demands a bribe to clear an import. The government does not need the law. Argentines need it. And we will achieve it, sooner or later. Because the will of a few convinced is more powerful than that of many without principles or morals. What happened in Congress perfectly represents the problem we are facing. A group of politicians who will do the impossible to maintain their privileges. The caste. We have been saying this since we got into politics. We knew it was going to happen. That's why we designed an economic program to exterminate inflation without the need for Congress or any of those who intend to continue living like kings at the expense of taxpayers. Throughout the campaign, we said that we would send our projects to Congress and politicians would have to decide which side of History they wanted to be on. Whether they wanted to be part of the change or wanted to continue maintaining their privileges. We also said that if they did not support the changes, we would expose them to society so that their dealings, privileges, and corruption would be exposed. And that's what we are going to do. We will not be complicit in the business of some with the fishing industry, the Tobacco Lord, the oil companies, or any of the other special interests that lobby and "persuade" politicians to defend their interests. For many years in Argentina, there was a group of politicians who claim to represent moderation, dialogue, consensus, and sensibility, who only guarantee the status quo in exchange for personal business deals. Automobile registrations, lithium concessions, handing out envelopes to journalists, and many other deals some politicians make while "defending the Republic" on television. All that is over with us. If they have a problem with us exposing what they do, how they vote, and who they answer to, it's because they are not defending the interests of the Nation, but their own. We did not come to continue with the wheel of politics as usual. We came to break it. We do not care about the operations, the defamation, the newspaper headlines. We do not care about the pressure from those who destroyed this country. We are not playing a game. We do not care about paying the political cost of doing what needs to be done because our goal is to solve the problems of Argentines and not to perpetuate ourselves in power. We came to change this country. With the same conviction that our May Heroes had, we come to defend The Cause of Freedom. You will have to choose which side you are on. Argentines already know which side we are on, and we will demand it from them. LONG LIVE FREEDOM, DAMN IT!!! npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina you freedom-loving Nostriches. I've been trying to distill what's taken place down here over the past 72 hours and it just keeps getting better. Legit post coming soon, but I had to jump on to the Nostr to mention what just came out: Milei just cut discretionary spending doled out to the provinces by 98%. Holy hell. That's what you get for betraying the will of the people, mfers. The entitled political class has been put on notice that you don't fuck with the democratic process under the Milei administration. I'll have a more solid, boots-on-the-ground dispatch for y'all tomorrow. Time to get offline and go touch grass, or whatever the kids are saying these days.... npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn FFS she's really doubling down on the completely debunked laundering accusations. Shut down the USD if that's a concern. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina you freedom-loving Nostriches. Javier Milei's Ley de Omnibus was passed in the Congress's lower house with a 56% majority vote, with two supposedly two pro-Libertarian deputies curiously voting in favor of keeping around the bureaucratic rat's nest created by the Kirchnerista administrations. There will most likely be repurcussions to that from their voters. One has to wonder if extortion is in the mix. In further anti-corruption news, food stamp benefits will no longer be disbursed to various corrupt entities previously in charge of further distribution of funds. Rather, the Milei administration has proposed distributing funds directly to soup kitchens around the country, eliminating unnecessary middlemen and potential for squandered funds. On a personal note, my Dad's best friend's church ran a soup kitchen here for more than a decade and it's incredible to see how far funds can go here. I met so many good people who simply were victims of corrupt collectivist economic policy for the past 60 years. Would be fascinating to see how much further funds could go with NGOs operating on a Bitcoin standard. Fix the money fix the world, right? We are still so damn early. This week debate in the upper house of Congress begins in earnest and most likely will take a bit longer, but there is a strong tailwind that will hopefully encourage expediency bc the economy is FUBAR until we rip apart this bureaucratic nightmare created by corrupt collectivist mafiosos. To put things in perspective, statistics reveal that the average Argentinian entrepreneur has to spend 90 business hours a year simply taking care of fool's errands created by the previous administration. That equates to roughly 3 weeks a year of just running around like a chicken with its head cut off to simply remain compliant. We're the world champs at bureaucracy as well as fútbol. DALE CAMPEON! I spent FIVE YEARS running around nearly every single federal/provincial office here in Córdoba attempting to set a legal precedent with my dual citizenship (my father left Argentina in '69 and didn't show up in the current system). I left no stone unturned. I'd walk into certain offices and the employees would greet me and share mate with me, lol. Upon achieving success with my case I quite literally HAD FEDERAL EMPLOYEES ASKING ME HOW I CUT THROUGH THE RED TAPE. Shit you not. Anyways...maybe a story for another time; that's the tip of the iceberg. OK, quick little Sunday dispatch. We'll chat a bit about the situation with the upper house debates and the ridiculousness that will inevitably ensue. Until then, stack sats and tell your family you love them. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn We are all hodlnaut. Let the slow wheels of justice grind them into a fine pulp, never to return. #note19k9…9z5y npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina you freedom-loving Nostriches. Milei's Omnibus Law is a done deal. They got it done in a month during vacation time (when usually absolutely nothing happens). It can't be understated how impressive this is. 600 repeals were initially proposed and 386 survived, with the more contentious issues still to be debated down the road. A massive tour de force, quite honestly. This is just the beginning of unraveling the economic clusterf*ck implemented by the previous Kirchnerista administrations. Today is a very, very good day for economic freedom in Argentina. Celebrate with me. Details to follow. Bullish AF 🔥 https://m.primal.net/HZyJ.png npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina you freedom-lovings Nostriches. Rumors are swirling about that Milei's Omnibus Ley is getting passed tomorrow. Certain compromises have been made and other more hotly-contested issues need to be ironed out with the socialist cucks, but dependable sources are saying it's a done deal after tomorrow's vote. Most experts were saying this wouldn't be happening until March, but here we are and they got it done before February could even announce its arrival. Stay tuned for updates tomorrow if I manage to jump online after moving into my new penthouse I'm paying $400/month for. VLLC npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn This shall age like a head of lettuce. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina you freedom-loving Nostriches. Let's talk about Javier Milei's administration continuing to shrink the government down here, shall we? Hopefully this puts you in a good mood on this beautiful Monday. The Secretary of Commerce, Pablo Lavigne, recently announced SIXTY NINE (insert meme) new repeals to the bureaucratic fever dream created by the previous Kirchner administrations. It's truly unbelievable how much government overreach was created in the past few years. The goal of the repeals is to encourage more transparent, less bureaucratic domestic commerce, encourage competition, and to effectively throw off the bureaucratic straight jacket of socialism placed on Argentinian entrepreneurs by the fucking Peronistas who have all but killed off the country’s economy and perverted incentives. The rate at which the Argentinian economy's architecture is changing is making my head spin and I have zero complaints. I had no idea how apt the chainsaw memes would turn out to be. Bullish AF on Argentina. LFG Here’s a short summary of just some of the new changes: -Price controls…AFUERA! -System for Inspection of Signs and Labels (SiFIRE)…AFUERA! That's right...the government would literally attempt to control small business advertisements. -Rules in regards to how to display products of the same category on market shelves…AFUERA! -Additional display space regulations for assorted retail products…AFUERA! -Measuring instruments for inspectors to enforce supply in supermarket aisles…AFUERA! -Encouraging companies to increase production to the maximum of their capacity so that there are no shortages in the near-term -Price caps for products in the basic basket…AFUERA! -"Training and Knowledge Economy Program" for Municipalities…they’re literally teaching the socialists how to survive in a free and open market rather than depend on taxpayer-funded handouts (that we continue to pay for). -Deregulation of licenses for importing MERCOSUR products -Initiation of “Access to Argentine Regional Products" program in large sales areas -The SIRIP computer system that functioned to control/manipulate market prices…AFUERA! -Amount of share capital from which the Corporations were subject to permanent state supervision…GONE -Obligation of universities to inform the state of their tuition fees
Shoutout to BowtiedMara on the bird app npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Don't give a flying f*ck what those clowns have to say on the matter. Those f*cks, when it's all said and done, will have gotten so many people rekt it's criminal. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina, you freedom-loving Nostriches. Ludwig von Mises on why Argentina needs austerity to overcome the previous administration's crippling inflation: “Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other. If government spending is financed by borrowing from the commercial banks, it means credit expansion and inflation. If in the course of such an inflation the rise in commodity prices exceeds the rise in nominal wage rates, unemployment will drop. But what makes unemployment shrink is precisely the fact that real wage rates are falling.” npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn I said less noise. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn You're preaching to the choir, friend, all the while missing the intent of Odell's post. Less noise, more signal. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Well duh, but the idea here is to provide solutions that are plug-n-play, not for the technically-sound who are spinning up self-hosted firewalls etc. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn "Just wanted to thank you and say good fucking job for pouring your life's energy into working in Bitcoin. Hugs and kisses." npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Glad you found it useful. I'll try to do more boots-on-the-ground stuff moving forward. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Always welcome, hermano. Follow Bitcoin School on Twitter, that's my Bitcoin education initiative in Córdoba, Argentina. Hit me up if you ever make it. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina, you freedom-loving Nostriches.
Wow, so Milei went to Davos and punched the WEF in the mouth. Que locura!
It was the central planner Ricky Gervais moment administered by a current head of state. Absolutely epic.
Let’s quickly summarize things, shall we?
Milei passionately argues that the Western world is in peril, not from external threats, but from internal ideological shifts towards socialism and collectivism, which he believes inherently lead to poverty and societal decay. Milei employs a historical perspective to bolster his argument, pointing to the exponential economic growth and reduction in global poverty directly correlated with the adoption of capitalist principles since the 1800s. He asserts that capitalism, far from being a cause of societal woes, is the only viable economic system for eradicating poverty on a global scale. Milei emphasizes that this system is not just economically superior, but also morally desirable, challenging the notion that capitalism is inherently unfair or exploitative. Critiquing modern economic theories, Milei warns against state interventions labeled as remedies for market failures. He argues that such interventions, often under the guise of achieving social justice or correcting market inefficiencies, actually lead to reduced economic growth, freedom, and prosperity. Milei posits that these policies, rather than solving problems, create a downward spiral of regulation and control, ultimately leading to more poverty and less freedom. Concluding his speech, Milei calls for a revival of libertarian principles—respecting individual liberty, private property rights, and limited government. He portrays entrepreneurs and private enterprises as heroes of economic prosperity, urging them to resist state encroachment and excessive regulation. Milei's message is clear: the path to sustained prosperity and freedom lies in embracing and protecting the principles of free-market capitalism. Government intervention? Afuera! npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Slaps. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Bitcoin is the last trade. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina. Learned a lot about ETFs today. Long story short, on-chain settlement only happens once a day, from what I've gathered. The suits have no idea how quickly BTC could rip and leave them with their pants down. Lots of questions still surrounding those financial vehicles. A lot could go wrong quite easily. Buy BTC and self-custody and you sleep like a baby. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina. BTC ATH and all your normie friends hitting you up by end of January . That's the note. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn You think this is going to be a flash in the pan, dude? This is an ocean of capital coming BTC's way. The implications are bananas. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn The vast, vast majority of us were drawn to Bitcoin for "NGU" (number go up). We just wanted to get rich quick, which is why we see the cyclical nature of the bull runs play out on the regular. Some of us stick around. The rabbit hole beckons. How many former-normies are going to peer down the rabbit hole in 2024? I, for one, welcome the BTC class of 2024 with open arms (cue Creed). I don't care if you're a Wall Street suit or a main street plumber simply looking to accept BTC for your services. Bitcoin is for everyone. LFG npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Currency competition. Let the best money win out. No coercion. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn There are dozens of us. DOZENS! npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina. Admittedly have been completely consumed with the implications of the spot ETFs. This is the American side of me. Say what you will about this development, but it's going to orange pill so many goddamn people our heads are going to spin. Wall Street is a trojan horse for separating the money from the government. Crazy take, I know. Are you ready, anon? npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina, you freedom-loving Nostriches. Below is a visual of the BCRA's monetry emission over the past 12 months in terms of national GDP. Absolute INSANE amounts of printing. Sergio Massa used taxpayer money to finance his presidential campaign. If you live down here you can confirm the ocean of pamphlets, billboards, flyers, volunteers, temporary office rentals, etc. All of this was financed with taxpayer money, mortgaging the future purchasing power of the peso in order to win an election, with zero fiscal accountability. This is why the money needs to be separated from despotic politicians and government. This is why we Bitcoin. https://m.primal.net/HWfY.png npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina, you freedom-loving Nostriches. President Javier Milei has formally requested an exhaustive audit of former president Alberto Fernandez's expenditures. The skeletons in the closet are countless and a testament to why we need to separate the money from the State. This is why we Bitcoin. This is why Bitcoin education is so desperately needed. Once people realize that inflation is now a choice, we win. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn GM. USD for BTC is the last trade. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Imagine thinking that Bitcoin could be shut down, lol. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina, you freedom-loving Nostriches. The huberis surrounding the Javier Milei megadecree in Argentina is astonishing, especially if one ventures out to see what the MSM have to say as they flood the airwaves with worthless takes and toxic sensationalism. Be intentional about your information intake, anon. I'll keep trying to give more boots-on-the-ground signal. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn My apologies. I wash behind my ears, too. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina, you freedom-loving Nostriches.
President Javier Milei’s austerity measures continue to generate shock and awe from yours truly. They’re systemically uprooting all the bloat generated/created by the previous socialist governments, who have destroyed until amounts of wealth in this country.
Today it was announced that over 160,000 food stamp beneficiaries we’re getting kicked out of the program utilizing a hilarious metric: these people were collecting hardship money from the government but they still had the money vacation abroad.
Over $10B pesos a month were being counterfeited and paid out to program abusers. The corruption is being revealed and I would love to see some criminal investigations come out of this because at the end of the day we’re talking about theft.
The Milei Administration is working overtime to right the ship. Typically zero work is being done at the Casa Rosada this time of year, but the legislative initiatives continue to roll out in an attempt to minimize the damage done by the Kirchnerista-fueled inflation bomb that was dropped in their laps. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina you crazy Nostriches. It's 90F (sorry I'm from the US, that's like 33 or 34C with humidity) and we're flocking to the barbecues and the rivers here in the beautiful province of Córdoba(sed). Christmas doesn't come for me until: a) The BCRA, Argentina's Central Bank, is officially eliminated and/or b) The Bitcoin ETF is approved and starts trading (read: BlackRock gets the green light). Regardless, I'm optimistic AF for 2024 and I hope you're finding a reason to get on my level. We're separating the money from the government, folks. What a time to be alive. Un abrazo grande a todos los Nostriches del mundo y gracias por su apoyo durante el último año, los quiero mucho. -You're favorite Argentinian-American npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina, you freedom-loving Nostriches. Let's keep riffing on the Milei deregulatory megadecree, shall we? It simply can't be understated how counter-cultural these past two weeks have been. The world has become accustomed to government metastasizing. The "First World" has let government creep into every single facet of life. It's bloated, bureaucratic tentacles are everywhere. This was the case in Argentina as well up until last week. 30% of the population was suckling on the State’s teet (government employees), with huge swathes of the population collecting state checks without even working. Naturally any election was akin to convincing the turkeys to vote for Thanksgiving. Miraculously enough, despite the nonsensical gobbles from the pro-government turkeys, Milei’s election has shown that Argentinians are craving a veritable Thanksgiving feast. We’re talking the legislative version of a turkey dinner. Let the games begin. Friedrich Hayek himself would be packing his bags and moving down here. Let’s entertain the thought: Why Hayek Would Be Packing His Bags for Argentina Today: Milei's Megadecrees and The Lure of Deregulation 1. Hayek, a titan of economic thought and a staunch advocate of free-market capitalism, would have found today's Argentina a fascinating case study. Under Javier Milei's bold economic deregulation, Argentina has embarked on a journey that resonates deeply with Hayek's core principles. Hayek's advocacy for minimal government intervention and a robust, unbridled market aligns seamlessly with Milei's megadecrees, which have dramatically deregulated the Argentinian economy. 2. Milei's Megadecrees - A Hayekian Dream: Milei, a figure who has taken the global economic stage by storm, champions policies that would have been music to Hayek's ears. The megadecrees, aimed at reducing government control and fostering economic freedom, mirror Hayek's vision of a society where the market's invisible hand guides economic progress. This radical shift towards deregulation and privatisation marks a potential turning point for Argentina, making it an ideal destination for Hayekian enthusiasts. 3. The Argentine Laboratory: Argentina, once mired in economic policies antithetical to Hayek's teachings, is transforming into a laboratory for his ideas. The shift from a heavily regulated economy to one embracing free-market principles presents a unique opportunity to observe the outcomes Hayek predicted. The nation's pivot towards deregulation offers a real-time, large-scale experiment in Hayek's theories, providing invaluable insights into the practical applications of his economic philosophy. 4. The Global Implications: Hayek's hypothetical move to Argentina isn't just about Argentina. It symbolises a beacon of hope for free-market advocates worldwide. As countries grapple with economic turmoil, Argentina's bold steps under Milei could serve as a template, or at least a point of reference, for nations considering similar reforms. Hayek's presence in Argentina would have been a powerful endorsement of Milei's policies, potentially influencing economic thought and policy beyond Argentina's borders. 5. The Legacy and The Future: Hayek's theoretical relocation to Argentina is more than a mere thought experiment; it's a testament to the enduring relevance of his ideas. As Argentina navigates the choppy waters of economic reform, the ghost of Hayek looms large, reminding us of the timeless nature of his economic philosophies. Whether Argentina's journey under Milei's deregulation will vindicate Hayek's theories remains to be seen, but one thing is certain: Hayek's ideas are as pertinent today as they were in his time, and Argentina is now at the forefront of this economic adventure.
If you reached this part, thanks for reading. I’m a Bitcoin educator with Mi Primer Bitcoin, launching Argentina’s first Light Node in the country. We’re committed to free, impartial, and independent Bitcoin education. Please follow along as I continue to shine a light on Argentina’s currency competition experiment. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Thank you for the kind words. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina. Let's talk more about President Javier Milei's megadecree, shall we? Milei's recent decree to allow citizens to transact in whatever currency they choose marks a significant and peaceful shift in the nation's economic policy. This move can be seen as a testament to the principles of free-market economics, where the freedom of choice and competition are fundamental. By allowing multiple currencies to circulate and compete, President Milei is effectively enabling the most efficient and trusted forms of money to emerge naturally, based on the preferences and needs of the people. This decision not only fosters a more competitive and resilient economy but also aligns closely with libertarian economic philosophies. Murray Rothbard aptly resonates with this theme: "The free market is the name for the array of all the voluntary exchanges that take place in the world." Rothbard's emphasis on voluntary exchanges echoes Milei's approach, underscoring the belief that economic freedom is a cornerstone of a prosperous and stable society. In essence, President Milei's policy is a peaceful solution that respects individual choice and embraces the inherent wisdom of the free market. By allowing people to choose the best money for their transactions, the policy paves the way for a more dynamic and responsive economy, rooted in the principles of liberty and free enterprise. The key change for the road ahead of us in Argentina is that coercion has no place in private contracts. Once people get a taste of that freedom there's no going back. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn They 100% are. It's truly astonishing. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina. President Javier Milei has repealed 138 laws passed during the dictatorships of the 80s. 82 from Ongania and 56 from Videla. Staggering, right? That's not even half of the laws that have been repealed in the past week. My head is spinning. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina. There it is. Excuse me while I go cry tears of joy. It's happening. https://m.primal.net/HUoE.png npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina. The national bankers mafia, sorry, union is now threatening a national strike in reaction to Milei's deregulation measures. This is signal. We're on the right path. Short the bankers, long Bitcoin. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Stay tuned for an English summary of Argentinian president Javier Milei's "megadecree" announced about an hour ago. Long story short, Argentina's back in business, baby. I want you all to come visit. Every single one of you crazy Nostriches is welcome. LFG npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina. We're bracing for violence in the streets of Buenos Aires between degenerate communists and authorities. A poignant reminder that Bitcoin is the peaceful revolution. No need for us to selfishly destroy our neighbors' property and small businesses over myopic political talking points. Coercion has no place in Bitcoin; this is why we're separating money from the government. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Today it is anticipated that the Milei administration is about to get rid of 380,000 federal regulations in Argentina. I can't tell you how surreal this feels to see a government shrinking itself. The US can't even shrink the gov't by 1%. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina, where we're currently in the throws of bureaucratic whiplash, and I mean this in the best way possible. Buckle up for a summary of the Milei Administration's first work week of economic measures. As an Argentinian who's from the US, the home of the biggest government the world has witnessed, I can't understate how incredible it is to see a government shrink its workforce. Please stay tuned for more signal coming from boots-on-the-ground reporting. OK, without further ado: Note: I’ve just fed this through ChatGPT for translation; DYOR for clarification of some terms if need be. Adjustments and measures from the first week of the new government: There are significant cuts: Ministries reduced from 18 to 9. (-50%) Secretariats cut from 106 to 54 (-49%) Subsecretariats reduced from 182 to 140 (-23%) Official staff numbers reduced by 34% Initiated a review of state contracts. Advertising guidelines suspended for one year. State labor contracts less than a year old will not be renewed. Contracts with universities are under review. Reviewing the state's workforce (spoiler: bloated like a dead carcass). Official advertising guidelines suspended for 1 year. In 2023, 34 billion (ARS) was spent on advertising. There's no money left, certainly not for funding militant partisan media. Minimal discretionary transfers The State will not bid on new public works and cancels all approved projects that have not yet begun. Subsidies for energy and transportation reduced Adjusting the exchange rate to boost exports Elimination of the SIRAs. Reduction of drivers and the fleet of official vehicles. - sale of 2 YPF planes, enforced by the State's dominant board position (formerly used by CFK as a taxi) Removing insurance for artwork at the Quinta de Olivos. Millions of dollars wasted in insuring vanity pieces from the previous administration. Bond tender to manage commercial debt by absorbing pesos, relieving pressure on Leliqs, and setting deadlines. Lowering "pases" rates to buy time against the explosion of the "Massazo" (the hyperinflationary time bomb from the previous administration. Dilution of Leliqs (if you don't know what those are, it's akin to a state-sponsored ponzi). 100% in-person attendance mandated in the National Public Administration. If you don't work, you don't get paid. Freezing funds allocated to bloated populist social organizations. Boosting direct allocations to beneficiaries. Social organizations will bear the cost of clearing blockades. Prohibiting children and adolescents at protests. Roadblocked protests are prohibited. Environmental damage fines for burning tires at protests. In just 5 days, they've accomplished more than the previous administration did in 16 months. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn The MSM equivocating Milei to conservative bozos is lazy journalism. Time for everyone to learn about Classical Liberalism and Austrian economics. https://youtu.be/Xu3wtUZblPc?si=dwN48m-nu4SwZup8 npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn We used to think that way too ;) Un abrazo desde el sur, hermano. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn To give you an idea of the level of government bloat the Kirchner administration had cultivated over recent years in Argentina, the Casa Rosada officially has over 5,000 employees on the payroll. This past week the Milei administration instituted a 100% in-person policy for reporting (brilliant move). Only 700 people actually showed up, 14% of the total payroll the Argentinian taxpayers were financing. In fact it's gotten so bad that the government payroll has dead people still earning a monthly paycheck, with their families not saying a peep, continuing to access the funds. The parasites are being surgically removed by the Milei administration. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn AFUERA! Hopefully Argentina can show Brazil how to shrink government, saying "sí" to freedom by eliminating the central bank and separating the government from the money. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn The myopia continues to spread in Argentina with people who have zero grasp of economics pointing the finger at Milei's austerity measures. The same crowd was sat silent on the sidelines for the past 20 years while populist measures ripped the country apart and mortgaged our future for the sake of power and fortune for those closest to the money taps. This is why we need to separate the money from the government. This is why we Bitcoin. Launching independent, free, and impartial Bitcoin classes soon in the city of Córdoba. Stay tuned for more. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn People are protesting against the economic measures of austerity taken by the Milei administration. It's the economic version of complaining about the surgeon that's removing the knife from one's back while not blaming the aggressor whatsoever. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Greetings from Argentina. No hay plata. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Join me in spreading the word that we're having a candle vigil for the Banco Central here in Argentina. Chau bebe! The vibe: https://youtu.be/IoyvvEWHodk?si=upQIf6kgRfsSKLvP npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn "Put the federal government in charge of the Sahara Desert and in 5 years there'd be a shortage of sand." -Milton Friedman npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn If Argentina president-elect Javier Milei doesn't successfully eliminate the Argentinian Central Bank then his victory was for nothing. When (if) he achieves the elimination of the Central Bank I'm going to celebrate in style and officially flip bullish on our chances of digging ourselves out. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Beautiful execution, I have to admit. #note1lxa…e507 npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Your USDT off-ramp partner in Argentina is dog shit. Where does the 10+% premium come from and who is it going to? Do better, Strike. Argentinians are desperate for any semblance of stability, and what matters currently is them ending up with as many pesos for their daily needs as possible. npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5t runningbitcorn Dispatch from Argentina: The outgoing populist administration that has completely bankrupted the country with degenerate levels of spending is focusing on fucking over the incoming Milei administration. Rather than focusing on the plight of the average Argentinian, who is now earning approx. $200/month, the Central Bank of Argentina is selling a hyper-financialized product comprised of insurance against future hyperinflation. The math that these products are based upon is a a flat out lie, but there are legal bases for customers to have a claim in the future. Year-over-year inflation of the peso is now at 150%, but thanks to these horseshit products being offered by the BCRA the value of the peso has actually gained ground on USD in the past week, currently hovering around 940:1. The end game here is to create the financial version of a booby trap for the incoming administration rather than acknowledge that the insane amounts of debt spending has delved over 50% of the Argentinian people into destitute poverty. The populist bureaucrats are showing their true colors. Yet as I've previously mentioned, the Argentinian mindset is infected with socialist ideals. The poorly-educated masses feel that handouts from the government will be their saving grace, when in all reality unprecedented levels of austerity are the only way to right this ship. Regardless of how well Milei digs us out of this Socialist Fever Nightmare, 2024 will inevitably be the culmination of years of corruption, selfishness, and downright evil from the outgoing caste of bureaucrats. The key is to continue to inform people that this is the beginning of a new era of fiscal responsibility in the midst of widespread suffering. The deck is stacked against the country but we will overcome.