Javier Milei Promoted a Shitcoin

Today in Dumb…

So, guys, I was overjoyed with Javier Milei when he came to office. Finally we have a libertarian president, who is going to show these government employees the door. But he turned out to be a crypto scammer…

He turned out promoting a shitcoin, and now the Argentinian opposition wants his head. 😆

Coffezilla did an interview with the guy behind the shitcoin. He is also the guy behind Melania coin. Another twatcoin…

And the moral of the story is, stick to BTC, the only legitimate cryptocurrency. Some people reject crypto altogether because it is just a computer software, that was also my initial reaction. But I got converted to BTC. At one point I owned ETH and USDT because I thought diversification is good, this is a thinking I inherited from stocks but this summer I became a BTC maximalists and converted everything into BTC. I am stacking the sats… and anyone getting into crypto would be advised to do the same. Heads of state that know fuck all about crypto should embrace the safety of BTC.

Javier Milei

WTF?

This is Karlin’s post…

So, Argentina has elected a new president. He ran on a right wing libertarian platform. He loves Israel, wants to convert to Judaism. He also loves Ukraine, he is a shill for Washington, and will not join the BRICS on 1 January 2024. He will make Israel great again, I am totally certain of this.

That said, he has an interesting right wing economic program that I kinda like. Especially his thinning of the government, where he wants to abolish several ministries. I actually felt bad because I myself am technically an employee of the Ministry of Culture, and I am glad the object I work in belongs to the state and not to some private owner or even the municipality. They would turn it into a Disneyland. But then again, this country has much longer history and richer heritage than Argentina.

Clearly there is no need for a Women’s ministry anywhere in the World. But as I grow older, I do not think statism is all that bad. All the private sector cares about is short term gain. Some projects and industries take long to develop and cost money. I also do not think the ascendancy of a figure like Milei is possible outside basket case economies like Argentina with 140% inflation. This is some Weimar level bullshit.