2/3 of Argentina's population voted for a change. The run-off should favor Javier Milei.

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.

About 45% of the Argentinian vote is now accounted for. They're hoping for a 75% turnout. If the youth turn out, then Milei wins. If the geriatrics who have run the country into the ground turn out, then it'll be a run-off.

It really, really sucks watching the purchasing power of everyone around you go up in smoke. Today the Argentinian peso is at 1200:1. It was at 1000:1 yesterday. That's a 20% debasement in 24 hours against the world reserve currency. 3 weeks ago we were at 750:1. That's a 60% loss in under a month. Pray for Argentina.

It is being widely-reported that the "official" exchange rate of the peso will be devalued from 350:1 USD to 500:1 this coming week supposedly due to the upcoming presidential elections. That's a debasement of 43%. Un-fucking believable. They'll attempt to paint it as an issue of trust in the currency, when in all reality it's because of populist bureaucrats printing the currency into oblivion. This is why money needs to be separated from clown politicians.

In case you'd like to track the ARS/BTC pairing according to actual values (not government-manipulated figures found on many sites), follow:

CoinMonitor Argentina

Precios finales de las principales casas de cambio en Argentina

This reflects the death of the peso more accurately.

Wow...it would appear as though shitloads of bots are following me on here. I thought NOSTR fixed that problem?

American small businesses would do well to learn how to run their business via WhatsApp like so many people do in LATAM. Communicating with clients via platforms with a low barrier of entry are where it's at if you want to be a successful small business. And yes, I'm aware of the security concerns; it is what it is. If WhatsApp builds in a custodial Lightning wallet into WhatsApp it'd be a killer app.

Open networks always, always win. Microsoft can go fuck themselves.

On Currency Implosion in Argentina: The current president is now blaming the recent arrival of hyperinflation on his political rival, as if the rival had anything to do with the Banco Central printing the Argentinian peso into oblivion. Peak-clown world activities.

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.

You haven't experienced hyperinflation until you watch your local currency drop 10% against the USD in one afternoon. Holy shit, the Argentinian peso is dead.

Inflation in Argentina reached 12% in September, which still seems on the conservative side with the bureaucrats cooking the books as much as possible with the presidential election looming on the horizon.

Global bond markets are collapsing. Sounds about time for a good ol' Israel vs. Palestine conflict to turn heads. Honestly who cares who you stand with, lol. Opt out of money that finances forever wars. Opt out of fiat. We Bitcoin so they can't finance war.

On Currency Implosion in Argentina, the Death Rattle of the Peso: I remember when I first moved to Argentina in 2009 that the local football club, Club Atlético Talleres, was reportedly selling off air conditioning units in its stadium to keep the club afloat financially. Well, the air conditioners are getting ripped out of empty (or occupied) apartments to keep the country afloat. The same economic circumstances that Talleres found itself in 15 years ago is the micro version of Argentina currently. If you look at apartment buildings you can see the evidence in front of your eyes. Air conditioning units ripped out left and right, sold for cash. Where once every unit in the building most likely had AC, it's now hit or miss. It's the small symptoms like this that reminds residents of how tough life is becoming under a failed currency. The only people who continue to transact in the Argentinian peso are doing so due to the threat of violence (read: AFIP coming after them). If the Central Bank is eliminated, or at least the legal mandate to transact in pesos, the country would dollarize over night, regardless of political affiliation. This is why the presidency of Javier Milei is garnering so much attention: they are done living under failed currencies. They understand the necessity to separate the money from the State. They're Bitcoiners and they don't even realize it. This is why Bitcoin Education in Argentina matters. This is why I've moved back.

Greetings from Argentina! We're nearly TWO WEEKS away from the presidential elections. Pro-Bitcoin candidate Javier Milei is still favored to win, but anything could happen. An anxious moment in the country's history, without a doubt. Regardless, my work here in Bitcoin education will continue. "Seamos libres; lo demás no importa nada." -José de San Martín "Let us be free, the rest matters not." -General José de San Martín, Liberator of South America

On Currency Implosion in Argentina: If you make the mistake of posting the price of something in terms of pesos, you've really fucked up. For example, in my temporary rental they have a sign posted, "No Smoking, fine: 1000 pesos", which I'm sure was hefty enough when that sign was posted, but now it means that the fine is worth about $1.11 USD. Smoke 'em if you've got 'em.

The ability to mute NPCs on Nostr is priceless.

The Argentinian peso has now touched the 900:1 exchange on crypto markets. When I first lived here 14 years ago it was at 3.4:1 Power corrupts, always. This is why corrupt institutions like government need to be separated from the money. This is why we Bitcoin.

So, you say you want to know how much a dollar is worth in Argentina? It's complicated. This is why the government needs to be separated from money.

Buenos Aires Herald

All of Argentina’s dollar exchange rates, explained - Buenos Aires Herald

Do you know your Qatar dollar from your Coldplay dollar? Your blue dollar from your blue chip swap? Here’s a guide from the Herald