Fiat vs BTC

[Anonymous No.50362655]

I know how Americans can handle inflation because it’s only 10% a year
How do people in Argentina or European shitholes deal with even higher inflation?
Do poor people in those countries buy bitcoin, gold or just keep holding paychecks in fiat?

[Anonymous No.50362696]

>>50362655
They unironically fomo into USD LMAO.

[Anonymous No.50362744]

>>50362696
They slowly lose purchasing power to avoid losing purchasing power?
Seems retarded

[Anonymous No.50362920]

>>50362744
They're doing what they've always done while not understanding what is going on.

[Anonymous No.50363104]

>>50362655
>How do people in Argentina or European shitholes deal with even higher inflation?

Argentinean here, multiple things, number one all long term purchases are done in CASH USD BRICKS OR TETHER, yep tether you hear right lmfao.

You can literally cash out usdt for bricks of usd without doing kyc on the street.

Second everyone uses either cards to purchase and then cash out crypto to pay them or takes debt with fixed interest to buy goods, otherwise you go and offer cash in exchange of a "discount" of 20% (the seller also likes this because they can avoid taxes this way).

Also you buy goods the minute big forex movements happen before prices increased if possible on fixed debt.

If you have any question ask them i will be wagecucking for some hours so i will keep this thread open.

[Anonymous No.50363158]

>>50362920
wrong, normies understand what's going on believe it or not, in fact Buenos Aires if full of appartment constructions due to money laundering, normies are dumping their usd for real estate but since it's money from the dark economy they are dumping it by building real estate.

Also lot's of normies are using usdt and dai at ever increasing rates.
Even 60 year old boomer normies are no longer just buying usd but looking into where to put it, obviously there is not much places to go but still, money is on the move.

[Anonymous No.50363420]

>>50363104
Based
So most of the population understands how to buy and use crypto?
>>50363158
Real estate is good hedge against inflation
Is it easy for people to move to Argentina? Is it cold there?

[Anonymous No.50363539]

>>50363420
>So most of the population understands how to buy and use crypto?

I would say 25% of the below 40 year old group knows how to use it.

>Real estate is good hedge against inflation

Not that good one no, it also has massive capital controls but everyone launders by larping the fiscal value aka you pay 70k usd cash for an appartment and on paper it looks like you paid 15k usd in pesos, everyone larps it even the public notary kek.

>Is it easy for people to move to Argentina?

absurdly easy and in two years you get citzenship, you can move and larp a monotributo aka "single taxpayer" like a single llc in the usa were you pay a fixed tax rate this allows you to declare a work and live as a resident until you can get citzenship.

As a plus you can buy NEW urban real estate by cashing crypto in usd and buying in usd with a larp fiscal value (but only for new real estate since old real estate has it's value in usd and it's higher due to the retardation of an inflationary economy).

>Is it cold there?

Depends on the area on bariloche and the patagonia in general yes you can get snow and all that thing, the atlantic coast in buenos aires province it's relatively cold in winter 0 to 10 celsius in winter and 23 to 42 in summer.

The north of the country is tropical or desert depending in the area.

Buenos Aires city is template with avg winter temperature being 10 celsius and rest of the year around 22 celsius to 40 in summers.

[Anonymous No.50363644]

>>50363539
>25%
Nice that’s better than the US
What about jesuits and nazis? Do they run the political system? Enforce any crazy laws?

[Anonymous No.50363720]

>>50363644
nazis don't it's mostly a larp very few nazis came here it's just that they were high profile ones, jesuits do seem to have power here the pope is from here for example.

But it seems they just sell the chuch social doctrine meme to all sides but also have some weird conservative moments?

They really are not in the public sphere but you can see they are an influence group since everyone sudenly wanted a photo with the pope even the fuckers that called him a baby seller due to the dictatorship here.

[Anonymous No.50363815]

>>50363720
what about argentinian women?
i met one once and she was beautiful but crazy as hell

[Anonymous No.50363841]

>>50363815
beautiful but crazy as hell.

[Anonymous No.50363926]

>>50363841
my favorite type