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Saylor understands the market value of bitcoin is measured in dollars (dollars down bitcoin up and vice versa), yet he wants dollars and bitcoin to succeed together. Make it make sense.

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Nov 21·edited Nov 21

I think it’s reasonably likely that he does not proceed with dollarisation and abolishing the central bank now that he’s won. There are many reasons for that, not least that Argentina has a tiny amount of dollars in reserve but needs many tens of billions for the economy to function. The IMF won’t lend that when Argentina already owes 44 billion. So where do they get the dollars from? Even if that is possible…for it to work the peso would have to be devalued significantly first pushing up inflation even higher in the interim.

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