Recent content by Blockchain

I hope for my safe the blue dollar goes back up before next month. I am coming back down then.

Great news. Seems like 1500 should be the floor. Even Caputo said that he is happy with this exchange rate. There was a run up from 1100 to 1500 and prices don't sound like they went up too much. Probably a happy medium on exchange rate. Probably just depends what Trump and Bessent want to do...

This is what I also heard that it is almost impossible to force a sale of an owner that owns. Nothing seems quick or easy in Argentina when it comes to the law. I met a few people that are renting in BA and they can see the hoa statements and they said like 20% of the building is all late...

Maybe I was wrong but I thought that they were just trying to get Milei through with the elections without the peso falling apart. Will they use all of this $40 Billion trying to maintain an artificially high peso? What good is that long term? It seems like they would easily blow through all...

So much for my cheaper trip next month. I would guess the exchange rate tomorrow will cause the peso to go up. I guess BA won't be as cheap as I thought. I was getting excited seeing the exchange rate go over 1500.

Thanks @Darksider415 for your local thoughts. My friends that live in BA say the same thing. I give them statistics saying poverty has gone down and they laugh and say those are fake news. Is that true? Are the poverty numbers fake? People tell me poverty seems like it has gone up and more...

Excellent. Proof positive there are many things the USA will get about for their money. Plus probably some rare earth minerals too.

Where in Colombia do you own property? Do you rent it out when you aren't there?

I don't think anyone doubts that Milei and his sister are neck deep in the grift. They should have stuck to cash. I don't think they know how crypto works. The paper trail is all going to lead back to them but friends in BA that support him say it is peanuts compared to other politicians in...

Is this really a thing? Like alcohol would prevent you from making a good decision? Hilarious.

Ha. That strategy has worked out well for China around the world. You might be on to something Craig.

Nuts the prices there. At least prices in USD is better for us. Imagine those prices at 1100 pesos to $1 like it was for a while during my last trip. At least at 1500 pesos to $1 it softens the blow but for the locals earning pesos ouch!

I read it was part of the "iron triangle". So isn't that only Milei, his sister and his right hand man?

Actually most people know Milei and his sister are linked. US judge says the same thing. https://beincrypto.com/us-judge-points-to-potential-owners-of-libra-crypto-millions/

But the US aid seems like it will just keep the peso overvalued further. Seems like just kicking the can down the road and delaying the day of reckoning. Anyone's guess now. The US probably won't require any collateral in the currency swap but the private $20 Billion will. Let's see what...