We're out here in Mexico City orange-pilling street taco vendors, mi gente. Winning hearts and mind and spreading the message that Bitcoin is for literally everyone. Financial inclusion is the way forward. Bullish AF on LATAM.

The Argentinian peso just closed on the daily at 495:1 (USD). Last time I lived there it was hovering around 3.6:1 When money dies. This is why we separate the government from the money. This is why we Bitcoin.

There is increasing evidence in Argentina that the Argentinian Central Bank has run out of US T-bills, with the current administration going back to the well with the IMF in yet another predatory deal where the country's future is mortgaged for the sake of political gain for the powers that be (all the while the cantillionaires get their slice of the pie). Regardless of political bent, one has to admit that the populist administrations over recent years have completely screwed the country's citizens and accountability is in order if the country is to embrace progress.

The death of the petrodollar spells freedom and justice for the rest of the globe, especially for Latin America. Bullish AF on LATAM.

SHOCKING! Reports that the IMF's deal with Argentina in 2018 was fraught with embezzlement and all sorts of misappropriated funds. This is why government needs to be separated from the money. This is why we Bitcoin.

Buenos Aires Herald

Official report: Macri’s IMF agreement broke laws - Buenos Aires Herald

“More than a debt, it was a crime,” said President Alberto Fernández

Where can I follow someone who's putting the shitcoinery at #Bitcoinmiami2023 on blast? I want to see the money changers driven from the proverbial temple.

PSA: Money (read: data) scales in layers. This is nothing new. Any assertions to the contrary are clearly coming from an ignorant source. #bitcoin

With April data now out, inflation in Argentina has reached 108% year over year. 108 fucking percent. Imagine your salary effectively losing 10% of its purchasing power every. fecking. month. And the IMF and BCRA (Banco Central de la Republica de Argentina) want to shut down all possible exits for the people of Argentina. Central banking needs to be eliminated yesterday. This is why we Bitcoin.

61.6% of the Argentinian population is now officially living in poverty thanks to disastrous economic decisions made by clearly unqualified, unelected bureaucrats in the Argentinian Central Bank. 8.2 MILLION children living in poverty in a country that was poised to be a world power along with the United States at the turn of the 20th century.

According to Argentinian newspaper Clarín, government sector employees “earn” more than 6x what the average Argentinian citizen earns by the sweat of their brow. This is why we separate the money from government. This is why we Bitcoin.

As if hyperinflation wasn’t bringing Argentina’s economy to its knees, it’s now being confirmed that this year’s soy crop in the country’s most productive regions will be at 80% below normal harvest levels due to drought. This is a cautionary tale to other countries where Monsanto is knocking on your door and against monocultural agriculture in general.

Argentinian authorities are now taking measures to minimize taxes paid by landlords to alleviate the absolute avalanche of properties being put up for sale. Why? Thanks to hyperinflation, renting to someone in pesos makes zero sense, even with the new legislation that mandates an annual adjustment according to some bullshit government-baked inflation statistic. For example, a friend just renewed her lease under the new law; her rent was augmented 60% in pesos when in reality it should've been closer to 100%. That means that with every passing day, landlords are collecting less and less in rental incomes, eventually forcing sales. My friends tell me that real estate agents are so flooded with properties that they simply don't have the time to perform all the showings that are requested. Owners are so fed up with the current situation that they are turning to offering owner-direct contracts, which often puts them at risk if they don't know how to protect themselves properly from squatters (who are another epidemic altogether currently). Argentinian bureaucrats continue to contrive near-sighted and ultimately feckless legislation to cover up their missteps with the IMF and the domestic currency. This is why money needs to be separated from government. This is why we Bitcoin.

It is currently estimated that the cost of food in Argentina will increase in pesos by 200%.

According to various metrics the BTC ban has failed in China, arguably the most technologically-capable authoritarian nation state (we won’t get into how the US is probably more authoritarian in all reality, LARPing as freedom advocates). This is pure signal.

Imagine coming up with a pejorative term for people who simply want to use the best money ever invented? I choose not to acknowledge the verbiage nor fuel the negative connotations perpetuated by people acting in bad faith. #bitcoin

The piece of legislation that was drafted in Argentina in a kangaroo court-like manner should be viewed as a giant nothingburger in the grand scheme of things. This will go down in history as yet another feckless fiat structure (the Argentinian Central Bank) unsuccessfully attempting to control an open protocol, akin to the CCP’s Great Firewall that people are effortlessly bypassing as we speak.

For the kids in the back, the US debt ceiling is the equivalent of handing the US government (akin to a teenager in their budgeting acumen) a credit and allowing them to determine the spending limit. We hit that limit every year and then we let the teenagers determine if they want to keep buying all sorts of bullshit or not.

When I read, “international development” all I see is IMF and/or WEF money laundring and/or economic terrorism. “Confessions of an Economic Hitman” is a great read on the subject and why I think the death of the petrodollar will be the best thing ever for LATAM.

Shove your coronation up your arse.

I’m celebrating Cinco de Mayo by selling my house for BTC, how about you?