My dad feel down the crypto well and was very excited for this guy.
He’s certain that self driving cars and cryptocurrency will solve all the earth’s problems.
Previously he thought by capping lotteries at 1 million dollar payouts you could create a new class of millionaires that would solve all the earth’s problems.
Milei also talked about starting a dollarization process with the money provided by the IMF debt. However, the IMF itself has told the government, in private, that it does not want to endorse a dollarization of the Argentinian economy.
They’ll need like atleast $20-30b just to replace Pesos in circulation not to mention for import/exports.
of a credit pool totaling $15 billion to accelerate the process of elimination of exchange controls and currency competition.
Looks like they want the loan so the rich can finance their capital flight.
He also claimed that the country is “going through the hardest month” and warned that this situation will extend “to the first days of April.”
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