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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Last Notes

2024-06-17 18:27:57

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

2024-06-13 04:36:08

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.

2024-05-23 03:50:01

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

2024-05-13 23:22:07

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

2024-04-12 01:40:19

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

2024-04-02 23:29:54

So dope.
#note1ay0…gcx5

2024-04-01 03:02:07

You absolute fucking legend. Lord grant me the conviction of Matt Odell.
#note1m5j…s52e

2024-03-27 17:23:36

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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!

2024-03-27 16:04:01

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

2024-02-28 19:58:22

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

2024-02-25 23:00:23

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.

2024-02-22 18:15:58

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.

2024-02-14 12:58:24

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Thanks for the kind words. Onward!

2024-02-14 04:32:35

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

2024-02-09 22:26:07

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!!!

2024-02-09 03:42:15

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....

2024-02-04 23:07:40

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.

2024-01-29 19:52:16

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This shall age like a head of lettuce.

2024-01-29 17:41:48

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

2024-01-23 18:18:56

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.”

2024-01-22 18:03:51

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I said less noise.

2024-01-21 20:38:11

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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.

2024-01-18 03:21:33

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!

2024-01-16 05:56:55

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Slaps.

2024-01-08 14:44:18

Greetings from Argentina.
BTC ATH and all your normie friends hitting you up by end of January .
That's the note.

2024-01-06 23:51:31

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Currency competition. Let the best money win out. No coercion.

2024-01-02 13:56:11

GM. USD for BTC is the last trade.

2023-12-30 02:50:29

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.

2023-12-27 19:40:58

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My apologies. I wash behind my ears, too.

2023-12-24 16:26:30

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.

2023-12-24 01:55:31

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.

2023-12-23 04:20:32

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They 100% are. It's truly astonishing.

2023-12-23 04:05:15

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.

2023-12-21 18:31:05

Greetings from Argentina. There it is.
Excuse me while I go cry tears of joy. It's happening.
https://m.primal.net/HUoE.png

2023-12-18 05:20:40

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%.

2023-12-16 19:27:20

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.

2023-12-15 12:03:01

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.

2023-12-14 19:45:02

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.

2023-12-11 04:48:18

Greetings from Argentina. No hay plata.

2023-12-09 21:30:59

"Put the federal government in charge of the Sahara Desert and in 5 years there'd be a shortage of sand." -Milton Friedman

2023-12-07 00:08:15

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.

2023-11-22 14:45:39

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Bitcoin is for everyone.

2023-11-16 17:43:01

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.

2023-11-10 17:45:10

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.

2023-11-06 05:38:13

#note1xyd…9tlx

2023-10-31 03:18:51

Huge swathes of the Argentinian economy are at a hault, namely in the real estate sector, due to owners/landlords frozen by fear of what will happen to the argentinian peso. Current rental law forces landlords to enter into a three-year lease denominated in the quickly dying peso, with trimestral adjustments performed according to some bullshit government index that still doesn't keep pace with actual inflation.
Yet another example of government intervention blowing up the market. The end result? Implosion.

2023-10-24 17:21:04

Nostr is markedly devoid of moon bois losing their shit over a $4K daily move.

2023-10-23 15:05:04

Greetings from Argentina. People can't believe that Massa garnered 35% of the vote. He's the current minister of economics. He's the one who's sat at the helm as they've printed the Argentinian peso into oblivion.
The lack of financial education in this country is the reason why these populists remain in power.
Meanwhile, the well-educated part of the population is incredulous; however, there is optimism that all the anti-peronistas will band together to give Mass and Kirchnerismo the boot.
This story isn't over, not by a long shot.

2023-10-12 04:15:21

It cannot be understated how fixated the entire country of Argentina is on the fact that hyperinflation has reached the country. Broken money literally affects everyone, there's no escaping it. More than ever Argentina needs Bitcoin.

2023-10-02 17:51:35

Will the USD be the world's last fiat global reserve currency?

2023-08-22 05:40:06

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They killed off tweetdeck unless I subscribe? GFY, Elon.

2023-08-07 21:19:39

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Altamente recomendado!

2023-04-02 01:02:31

Money always trends toward its marginal cost of production. Proof of Stake is a widespread demonstration of the fundamental misunderstanding of this concept.
Crypto bros, even Monero bois, are more often than not really shitty economists. The same can’t be said of the Bitcoin camp.

2023-03-18 19:31:41

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There’s a lack of charity in general because the thinking is that the Monero project is a detraction from the advocacy and development that needs to be taking place on the Bitcoin protocol, the protocol that’s truly fixing money.

2023-03-18 17:44:53

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Monero’s narrative was more compelling pre-L2 developments on BTC. Seems like the narrative is diminishing with every passing day, esp if the BTC user is KYC-free. The constant, developer-driven hard forks are also disconcerting.

2023-03-18 17:00:28

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And Monero is inflationary, correct?

2023-03-18 15:05:01

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How is custody lost, exactly?

2023-03-16 03:33:22

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Your thoughts on Chaumian mints reaching near-perfect privacy with tools such as Cashu? Seems like the use case of Monero is kaput.

2023-03-16 00:42:31

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LOL no seriously…they’re also great study material for learning the art of euphemisms. What happens to your Monero stack when hyperbitcoinization happens?

2023-03-11 03:09:39

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Dope AF. What’s your go-to Pelican? Always wanted one, or two or three…

2023-03-05 05:45:51

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Once Odell orange pills her (I think she already said she’s open to accepting zaps?), she’s gonna be a feisty AF Bitcoiner and it’s gonna be a spectacle to behold; she’s already 90% there.