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New Argentinian President May Adopt Bitcoin as National Currency (www.forbes.com) CURRENCY RED PILL? 💊

posted 1 year ago by catsfive 1 year ago by catsfive +137 / -1

Argentina Could ‘Supercharge’ Bitcoin ‘Sooner Than You Think’—President Javier Milei’s Victory Sparks Wild Crypto Price Speculat...

The victory of outspoken libertarian Javier Milei in Argentina's presidential election has sparked wild speculation the country could follow in El Salvador's footsteps, "supercharging" bitcoin...

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– catsfive [S] 3 points 1 year ago +3 / -0

Requires alot of faith in a handful of nerds

Bitcoin is open source. Anyone can inspect the code. The consensus ango is literally the biggest bug bounty ever made. Crack Bitcoin, find a flaw, and you can take down a $1 trillion system.

facist side of things to imagine a digital currency worldwide

Bitcoin is decentralized. It is not "client/server? like a CBDC would be. It is not fiat, it is trustless, whereas a CBDC is still fiat, still trust-based.

The rest of what you say is correct, but, you are referring to CBDC's.

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