Seems Milei is removing the “official rate” of the peso and acknowledging the real exchange rate for the peso. When I went to Argentina the street rate was over 2x the “official rate”. The country needs dollars bad and now finally going to pay the market rate for it. Fascinating. https://image.nostr.build/85aac65da9391e9dad79f1813aed99508e691f411cdbbaa32d1355970084d332.jpg
is this good or bad? i’m dumb so i don’t quite understand
Argentina is buying bitcoin and the price is moving down.