jacopo.eth
@jacopo.eth
crypto is finally disrupting nations wait no not like that https://x.com/0xfoobar/status/1891491670954221606
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✳️ dcposch on daimo
@dcposch.eth
it is still up almost 3x since Milei's election. the Argentine index effectively a bet on the new administration's ability to fix things. so today's drop is not a memecoin directly impacting the economy... it's more the market repricing Milei's competence downwards a notch.
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Bob Hale
@bobhale
Definitely the case, but I feel these indexes are not a good show of economic realities. Milei has succeeded in reducing inflation (still at an obscene amount) and bringing Argentina out of deficit, but poverty has risen, public services have been decimated – Milei is not governing to improve most people’s lives
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