Javier Milei & The Free Market of Currencies!

EPISODE · Jun 20, 2024 · 15 MIN

Javier Milei & The Free Market of Currencies!

from The SatsMate Stack · host Paul SatsMate

What is Up SatsCrew, Today is a pretty big day when it comes to world monetary policy. Javier Milei, Argentina's recently elected president has signaled that he will support a Free Market of Currencies! This is enormous news because it isn't something we have seen a lot of in the past century. This free market of currencies will mean there will be competition, and the currency won't be ordered by government decree. It is an exciting step in the right direction for a country that has suffered from high inflation and economic instability for quite some time. In this podcast, I go over important topics such as the following: Quote discussionThe free competition of currenciesJavier Milei as a libertarian, and letting things play out as they doNo government intervention, no state assistanceA market free to use whatever currency you see fitThe dilemma is that both parties need to be willing to accept the currency/money or unit of accountTechnically, by the looks of it barter will even be able to occurThis is extremely friendly for Bitcoin, and likely there will be no taxes under Milei on any currencies/moniesPeso or Dollars as a currencyBitcoin as a currencyWTI and BTU, whatever currency makes senseIndividual freedom, little government intervention The exact opposite of Argentina's history which resulted in high inflation and economic instabilityFunctional currency method of translating dozens of currencies in a distilled way for a comprehensive way of understanding financial healthOverall, what did you guys think of this move by Milei? Do you think a free market of currencies would work out, or would there be issues? I'd love to hear everyone's thoughts! Best Regards,SatsMateSupport Me:  https://storm.pub/ Youtube Channel: SatsMateReferral to Stacker News: Circular economy with bitcoin discussions involved!  https://stacker.news/r/SatsMatePrimary Bitcoin Buys Through Strike: The primary place I go to buy Bitcoin. https://invite.strike.me/2MSTYG Secondary Bitcoin Buys Through Fold: A nice exchange w/ rewards & bitcoin buys.https://use.foldapp.com/r/HTFKVY9LBrowser Extension Slice: Earn Satoshis for ads and surveys you browse.https://addslice.com/?crew=f5n2V5EILolli Rewards: Earn sats by using a linked card at participating vendors https://lolli.com/share/PQFAMMhttps://zbd.gg/GalmaDuFria This is my personal QR code. It allows anyone to send me Bitcoin and messages directly to my ZEBEDEE. lnurl1dp68gurn8ghj7ctsdyh85etzv4jx2efwd9hj7a3s9aex2ut4v4ehgttnw3shg6tr943ksctjvajhxtmpxuurjcmxxvuz6wf58q6z6drpv5uj6c3jvy6z6epexe3ryd3kxe3kvcnr7y2uzjFinancial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investmentSupport the ShowSend us Fan MailSupport the showYoutube: SatsMateX: SatsMateInstagram: SatsMateswebsite: https://satsmate.wordpress.com/

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Javier Milei & The Free Market of Currencies!

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