Nov. 23, 2023

Javier Milei: Bringing Bitcoin to Argentina? With Ariel Aguilar - FFS #70

Javier Milei: Bringing Bitcoin to Argentina? With Ariel Aguilar - FFS #70
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Javier Milei: Bringing Bitcoin to Argentina? With Ariel Aguilar - FFS #70

Join us as Ariel Aguilar shares his insights on the historical presidential win of Javier Milei in Argentina. Aguilar, a passionate Bitcoin proponent through the Bitcoineta project, sheds light on the economic turmoil in Argentina and how Milei's libertarian values might reshape the country.

Key Points Discussed:
🔹 Milei's libertarian principles and economic strategies
🔹 Argentina's struggle with inflation and economic isolation
🔹 The potential of Bitcoin in revolutionizing Argentina's economy
🔹 Prospects of Milei's success and challenges ahead

What You Will Discover:
🔹 Detailed analysis of Argentina's current economic state
🔹 How Bitcoin can play a crucial role in Argentina's economic recovery
🔹 The broader implications of Milei's election for global libertarian movements

Connect with Ariel:
https://twitter.com/arielaguilar
https://twitter.com/BitcoinetaEU

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https://www.freedomfootprintshow.com/
https://twitter.com/FootprintShow
https://twitter.com/knutsvanholm
https://twitter.com/BtcPseudoFinn

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Chapters:
00:00 Introducing Ariel Aguilar
01:22 The Victory of Javier Milei
04:00 Argentina's Economic Situation
10:38 History of Inflation in Argentina
14:20 Javier Milei's Proposed Policies
25:36 Orange Pilling Milei
33:07 La Bitcoineta Bitcoin Van Project
37:07 Wrapping Up

The Freedom Footprint Show is a Bitcoin podcast hosted by Knut Svanholm and Luke de Wolf.

In each episode, we explore everything from deep philosophy to practical tools to emit freedom dioxide to expand your freedom footprint.

Join us as we head toward the orange glowing light together!

The Freedom Footprint Show is a Bitcoin podcast hosted by Knut Svanholm and Luke de Wolf.

In each episode, we explore everything from deep philosophy to practical tools to emit freedom dioxide to expand your freedom footprint!

00:00 - Introducing Ariel Aguilar

01:22 - The Victory of Javier Milei

04:00 - Argentina’s Economic Situation

10:38 - History of Inflation in Argentina

14:20 - Javier Milei’s Proposed Policies

25:36 - Orange Pilling Milei

33:07 - La Bitcoineta Bitcoin Van Project

37:07 - Wrapping Up

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have to put all the efforts in orange-pilling Milei all through these

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months They are going to be critical, they are going to be very painful months.

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They're going to try to destroy him.

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think that the left.

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they try to get him out of office, for him to resign, to point the finger that

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all the problems are his fault, When actually he's fixing things, right?

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He's making the problem go away.

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Argentina has a cancer right now it's only been growing and growing and growing

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and now it's the time to take it out.

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To suffer the going through the medical procedure, but after that you're

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healed, you can start to recover.

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Welcome back to the Freedom Footprint show with Knut Svanholm and me, Luke

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the Pseudo Finn, and today we're joined by Ariel Aguilar, a Bitcoin evangelist,

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goes by Bitcoin Evangelista on Twitter.

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And you might've seen him driving across Europe as one half of La Bitcoineta,

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yeah, this great big Bitcoin van.

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There's viral picture of Michael Saylor from BTC Prague sitting in the van.

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It's very cool.

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But anyway, he's, uh, he's here today to tell us a bit about the

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economic situation in Argentina.

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And we're recording this just after the Javier Mil eiin the

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Argentinian presidential election.

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So it's a very topical episode today.

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So Ariel, welcome to the Freedom Footprint show.

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Thanks for joining us.

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Well, thank you guys.

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It's pleasure to be here, Knut and Luke.

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So yeah, I'm in Buenos Aires right now.

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I have lived through the elections.

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Milei has won the first libertarian president in history,

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all around the world actually.

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And ran with a libertarian anarcho capitalist campaign.

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of uh, reducing the size of the government, lowering taxes, well, actually

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like voucher systems for education and health care, so, so, so yeah, it's

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amazing, the rise of Millet, we're gonna be discussing this because I've known

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him for Since before he was famous, it's quite funny that 2014 or around

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that year, he became a libertarian.

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Before that, he wasn't a libertarian.

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He was more like a monetarist from the Chicago school, right?

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He discovered Rothbard and other Austrian economic authors.

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And ever since then, he's been doing, uh, proof of work, like constantly going to

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TV shows, universities, colleges, giving speeches, traveling all around Argentina,

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then to Latin America countries as well, and teaching people about Austrian

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economics, libertarianism, capitalism, so it's quite a character, I know

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you've seen videos of him, you really should go And it's also another amazing

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aspect of this is that he has run the cheapest political campaign in history.

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He hasn't spent money on ads.

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The he had worked in government, he was minister of economics.

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And use a lot of state resources to put billboards all around to

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have the government employees uh, pushing the official candidate.

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And Milei only had like an army of people on Twitter and social

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media, working for him for free, like, uh, pushing, making memes.

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So, so it's funny that, uh, they say that kind of teenagers on Twitter.

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Political campaign and he won.

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So it's amazing.

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It's the most voted candidate in ARG history.

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He got around 56, no, 55.6%, 0.7%.

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So we can run it up for uh, 56% votes.

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No candidate in history has got, uh, so high.

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Yeah, it's truly remarkable that a character like this can win an election

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anywhere, and it's absolutely fantastic.

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Now, he can certainly talk the talk.

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The question is, can he walk the walk?

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I mean, do you think that he will deliver on his promises, or

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is he just another politician?

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I have a hard time trusting politicians in general, but these...

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This, this guy seems like the world's first anti politician politician.

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Right.

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Well, yeah.

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We'll have to see through the CEOs and months.

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Argentina is a quite difficult country.

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It's been conquered by unions, by businessmen that we like to

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call them like dinosaurs, right?

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Because they are entrenched with the politicians, they ask for regulations and

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for, for example, for many, many decades, the ethos or the culture in Argentina

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was to do a import substitution, like prohibiting the importation of goods.

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building national products.

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So, for example, through the sixties, seventies, eighties,

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the same cars were being produced all throughout those decades.

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Like the same car that was sold in 1967 was manufactured in 1989.

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Right.

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and the economy in Argentina was quite closed.

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So up until this day.

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What they teach you in school and in college is that we have

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to live with what is ours.

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We have to live with Argentine production and we have to

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keep the foreign things away.

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So, so Argentina is quite isolated.

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It's a country where right now, You cannot do international wire transfers.

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I cannot go to a bank and say, Hey, I want to send 1, 000 to America or to Europe.

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You cannot do it.

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Right?

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You have to be an exporter.

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And right now the situation is so bad that even exporters or people that were

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doing importation, sorry, imports, the government told them, Hey, we don't

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have the dollars for you to wire abroad.

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Get financing outside or make your supplier finance you for

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six months or nine months.

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That we're going to pay you in the future and right now the central bank

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is 25 billion in debt because of that, of payments that need to go to China,

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to the United States or Europe, and the central bank does not have that money.

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It's broke.

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It's a net negative.

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It's when you take all the liabilities, the situation is quite dire.

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And fortunately, we hope that Milei will tell the Argentine people the

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situation when he goes into power.

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He's going to become president officially on December 10th.

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So we are only like 20 days away from that.

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transition has to go very fast, but the next few months are going

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to be quite painful, I say, and going to your question, Knut, about

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if he's going to deliver or not.

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One of the things that's going on is that Milei doesn't have a structure behind him,

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like to support him and all the people that are needed to fill all the roles in

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even didn't have like a political party.

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He didn't even have.

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The structure that you need to oversee the elections in Argentina,

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we do elections with ballots and on each table that needs to be like the

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president of the voting table, plus overseers from each political party.

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And there are like 100, 000 tables where you people go to vote.

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So you need 100, 000 people to go and take care of your boats, right?

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Because otherwise they make fraud and they steal the boats.

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So when he got into the Valotage, which is the rerun of election, you

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have to choose between the first and the second melee, it was second place.

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a previous president from 1950, no, sorry, 2015 to 2019, offered melee,

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uh, to help like, uh, becoming his like godfather and granting him the, all

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the overseers from his political party.

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And the woman that was third in, in the elections, uh, Malay

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had totally bashed her, right?

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Malay had accused her.

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of being a terrorist in the 70s, of putting bombs in kindergartens,

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right, because terrorists used to do that in Argentina back in the 70s.

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And even though Milei was, I mean, so strong against her,

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she chose to help him anyways.

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And so she went publicly and declared to please, we have to support Millet,

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not the, Massa, which was in number one position in the first election.

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And so all the support from the previous president, from this woman,

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Patricia, And for many sectors, it got him to where he is now.

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Otherwise, this election, they would have stolen all the votes.

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and yeah, we will have more, uh, we call it Kirchnerismo.

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Kirchnerism is the, the, the ruling class that has been ruling Argentina

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for the last almost 20 years.

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And Argentina was going to continue on its decline.

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Right now, the average salary of an Argentine is like 200 a month.

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the situation is very tense.

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You can see it on people's faces.

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they are not able to afford rent.

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they are not able to afford food.

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they're not even able then to have any savings left after

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paying for rent and food, right?

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So, so, and, and all and the expectations or what Argentine have

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been living through the past million months is that every month that comes

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is worse than the previous month.

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So, it's quite I mean, for a European or an American, I believe, it's quite

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difficult to imagine how it is life when you, for the last 20 years, every

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year is worse than the previous year.

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I believe that it's not life or life shouldn't be like that.

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Well, unfortunately, most people are about to find out in the West, I guess.

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as we see more and more currencies hyperinflating, I mean, inflation is

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just a slow-mo version of hyperinflation.

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I mean, all the fiat currencies are on the same path and it's horrible.

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And you see these mainstream media outlets here, people calling, him far

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right extremist, that's, like everywhere, and they're calling him a mini Trump,

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they're calling him, an anti-abortionist They're calling him a climate denier,

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all of these things, and none of them seem, to focus on what's actually the

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pain in Argentina, which is the inflating currency, hyperinflating currency.

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Like these people are, are, this is not a game.

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they're, losing their livelihoods fast.

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and as you say, every month is worse So, so, but you know, mainstream media gets it

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wrong always, but in this case, it's just, borderlining vulgar to see them, call

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him, call him names No wonder he gets 56 percent because people are very tired of

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the, socialism, I guess, in the country.

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Of course, I mean, the young people that were born in the year 2000, 2003,

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they haven't experienced anything but inflation all throughout their lives.

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Argentina only had a like price stability from the year 92 till the end of 2001.

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there was like a sort of like a tether, like AUS CT that the government did.

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It was called convertibility, and what it meant was that in order to print a

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peso, the government had to have savings of $1, either in dollars or bonds of

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the United States in the Central bank.

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Right.

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And that allowed the government to print one peso.

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I should have one of those bills here.

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I like to always carry all bills of Argentina in my pocket

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because we've destroyed five different currencies so far.

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when we did this one, which is peso convertible, it says it there?

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Convertible.

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This was the only time that we had stability in Argentina.

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In total, we've taken out 13 zeros out of all the five different currencies.

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The history is a monetary disaster.

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I mean, the first time we killed a currency was in 1970.

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And we took out two zeros out of that, and it became this one, which

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is called Peso ley This one lasted 13 years until 1983, and we took

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out four zeros out of this one.

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So there were bills of one million pesos with this guy, and we took

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out four zeros, so 10, 000 of these became 1 peso argentino.

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An Argentine peso, and this one we destroyed in two years, from 83 to 85.

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So the whole country had to change currencies for only two years of life.

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And then, when I was born, they launched this one, which was called the Austral and

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at the beginning it was worth more than 1.

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Dollar So, 83 cents of this got you 1.

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dollar And seven years later, you needed 10, 000 Australs to get the same dollar.

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And when that exchange rate got to 10, 000 to 1, that's when

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they launched the convertible.

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The tenor, right?

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This one suddenly exploded at the end of 2001.

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Right now, I think I have one of these here.

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Let me see.

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1 1 dollar is 1, 000, right?

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And the highest denomination bill currently, I don't

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have it here, is 2, 000.

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Pesos So the biggest that you can pay is 2.

211
00:13:01,850 --> 00:13:04,204
dollars That's it, right?

212
00:13:04,850 --> 00:13:09,577
So people have to carry A stash of cash in order to pay things with cash.

213
00:13:10,067 --> 00:13:10,704
It's a disaster.

214
00:13:10,913 --> 00:13:14,522
The government does not want to recognize inflation, and that's the

215
00:13:14,522 --> 00:13:18,699
reason why they don't print 10, 000 pesos, 20, 000, 50, 000 pesos notes.

216
00:13:18,980 --> 00:13:22,758
which would be required to make easier payments, right?

217
00:13:23,291 --> 00:13:26,373
And now we are in a position where we could take out three more zeros.

218
00:13:26,892 --> 00:13:30,911
So we can take this, uh, a thousand, take out three zeros, become the new one.

219
00:13:31,299 --> 00:13:33,844
But Milei is running on a campaign of dollarization.

220
00:13:34,247 --> 00:13:39,555
He believes that in order for, to prevent future governments returning to this money

221
00:13:39,555 --> 00:13:41,537
printing and debasement of the currency.

222
00:13:42,291 --> 00:13:46,309
He, he believes that we have proven ourselves to be unsuitable

223
00:13:46,727 --> 00:13:48,018
to have our own currency.

224
00:13:48,364 --> 00:13:53,264
it's only, a money theft machine, the central bank of Argentina.

225
00:13:53,536 --> 00:13:56,709
It's funny that when you enter the door of the central bank, there used

226
00:13:56,709 --> 00:14:00,882
to be, A big phrase on the top of the central bank that said that this

227
00:14:00,882 --> 00:14:06,564
institution is here to protect the savings of the Argentine people.

228
00:14:07,854 --> 00:14:14,482
And all it has done throughout the years since 1935 was to destroy value, to create

229
00:14:14,831 --> 00:14:20,650
poverty, and to distribute the wealth from the poor to the people at the top, right?

230
00:14:21,477 --> 00:14:23,568
So Milei wants to end that.

231
00:14:24,120 --> 00:14:25,984
He pushes for dollarization.

232
00:14:26,463 --> 00:14:29,056
So some Bitcoiners will say, Oh, he's a shit coiner.

233
00:14:29,056 --> 00:14:29,293
Right?

234
00:14:29,890 --> 00:14:33,308
But the thing is, in a certain way, Argentinians have a

235
00:14:33,317 --> 00:14:34,417
lot of savings in dollars.

236
00:14:35,027 --> 00:14:38,899
There are some calculations that estimate that Argentina is the third largest

237
00:14:39,081 --> 00:14:41,863
holder of cash US dollars in the world.

238
00:14:42,417 --> 00:14:43,681
So there's like United States.

239
00:14:44,336 --> 00:14:48,027
I don't remember who was number second, if it was Mexico or if it was Russia,

240
00:14:48,027 --> 00:14:49,827
I don't know which country it was.

241
00:14:50,213 --> 00:14:54,358
But Argentina comes in third in cash holdings, and people are holding

242
00:14:54,367 --> 00:14:57,286
that in the mattress, under the mattress, all in the black, right?

243
00:14:58,049 --> 00:14:58,895
Non declared dollars.

244
00:14:59,297 --> 00:15:02,983
It should be a number upwards of 200 billion in cash hidden.

245
00:15:03,283 --> 00:15:07,736
So on one side, Milei is counting on that money coming

246
00:15:07,736 --> 00:15:09,463
out and going into the economy.

247
00:15:09,981 --> 00:15:14,808
And on the other side, he's also pushing for monetary freedom.

248
00:15:15,417 --> 00:15:19,971
And that is where Bitcoin comes in Because he has given talks to

249
00:15:19,990 --> 00:15:25,257
businessmen, and he has said, I do not care what currency you use, you can make

250
00:15:25,266 --> 00:15:29,421
contracts if you want, in soybeans, if you want you can do it in barrels of

251
00:15:29,421 --> 00:15:33,630
oil, if you want you can do it in BTUs of energy, like if you want to settle

252
00:15:33,802 --> 00:15:36,048
the prices in BTUs of energy, do that.

253
00:15:37,229 --> 00:15:39,329
So I believe Bitcoin is gonna fall in that.

254
00:15:39,842 --> 00:15:43,196
And he's, well, there are many talks going on around in Twitter you can

255
00:15:43,196 --> 00:15:48,351
watch where he explains why Bitcoin and he defines it as a private money.

256
00:15:49,060 --> 00:15:54,805
And, uh, in my particular case, I have a history of, well, meeting Malay quite

257
00:15:54,805 --> 00:15:58,796
early on, eh, I have conversations with him on, on Facebook, right?

258
00:15:59,351 --> 00:16:01,069
Where at the beginning he wasn't known.

259
00:16:01,069 --> 00:16:04,014
Like back in 2014, we, we became Facebook friends.

260
00:16:04,322 --> 00:16:08,376
And at that time I realized he was going to become somebody, right?

261
00:16:08,613 --> 00:16:12,204
He was starting to be an interesting guy.

262
00:16:13,032 --> 00:16:17,541
So I had a Bitcoin talk I did in October 2014.

263
00:16:17,550 --> 00:16:19,768
It's still on YouTube if you want to go watch it.

264
00:16:20,239 --> 00:16:21,684
has like 25, 000 views or so.

265
00:16:21,985 --> 00:16:23,167
And I sent him the link.

266
00:16:23,543 --> 00:16:26,662
To the talk and I said, Hey, Javier, you, you need to learn about this, right?

267
00:16:27,303 --> 00:16:29,062
And, and he replied, oh, that's great.

268
00:16:29,117 --> 00:16:31,762
Please send me the PowerPoint presentation to my email.

269
00:16:31,762 --> 00:16:32,062
Right?

270
00:16:32,480 --> 00:16:33,761
I want to learn more about it.

271
00:16:34,131 --> 00:16:38,440
And Melay back then, he was a chief economist of a private corporation,

272
00:16:38,816 --> 00:16:43,916
that handles the Argentine airports, the uh, uh, uh, TV channel, one of the

273
00:16:43,916 --> 00:16:46,089
main TV channels of Argentina, right?

274
00:16:46,671 --> 00:16:49,562
That all this corporation is called Corporation America.

275
00:16:51,016 --> 00:16:55,971
Is run by an Armenian guy, Ian, and well, mil was one of his,

276
00:16:55,971 --> 00:16:58,507
uh, top economist advisors.

277
00:16:58,974 --> 00:17:04,319
And right at that moment, Milei told me, uh, my boss wants to invest, right?

278
00:17:04,892 --> 00:17:10,637
And he told me 800 m and I said 800 MM is for millions, right?

279
00:17:11,244 --> 00:17:15,599
And I thought this guy was crazy because back then the Bitcoin price was, I

280
00:17:15,599 --> 00:17:17,793
don't know, 300, 400 per Bitcoin.

281
00:17:18,148 --> 00:17:20,784
It would have meant like a purchase of like 2 million

282
00:17:20,784 --> 00:17:22,302
Bitcoins or 3 million Bitcoins.

283
00:17:22,993 --> 00:17:25,002
An impossible purchase to make, right?

284
00:17:25,357 --> 00:17:28,675
It would have changed the whole history of the Bitcoin praxe action.

285
00:17:29,134 --> 00:17:30,797
And so I never follow up on that.

286
00:17:31,579 --> 00:17:32,752
I thought this guy is crazy.

287
00:17:33,111 --> 00:17:35,311
Some people watch him and say, this guy's crazy, right?

288
00:17:35,702 --> 00:17:36,493
And so I thought the same.

289
00:17:36,493 --> 00:17:38,693
I mean, I left the conversation there.

290
00:17:38,693 --> 00:17:43,430
I didn't follow up or kept a, I never sent him the PPT, right?

291
00:17:43,430 --> 00:17:44,402
The presentation.

292
00:17:44,959 --> 00:17:46,259
and during the years.

293
00:17:46,700 --> 00:17:51,240
I met him many times in conferences, and I've tried to orange-pill him, right?

294
00:17:51,449 --> 00:17:57,766
I've tried to, gauge his knowledge of Bitcoin, because he doesn't run deep.

295
00:17:58,294 --> 00:18:04,284
He won't know what a hash function is and how the self adjusting mechanism

296
00:18:04,330 --> 00:18:08,394
for the difficulty of Bitcoin, right?

297
00:18:08,730 --> 00:18:10,621
All of that, I don't believe he knows that.

298
00:18:12,221 --> 00:18:15,666
So he does not know why Bitcoin is better to other cryptocurrencies.

299
00:18:16,546 --> 00:18:18,055
That's my main worry.

300
00:18:18,481 --> 00:18:23,326
And when you try to go deep with him on these topics, after two

301
00:18:23,344 --> 00:18:26,999
minutes, he will say, Yeah, yeah, yeah, Bitcoin is private money.

302
00:18:27,444 --> 00:18:29,489
And I am all in for private money.

303
00:18:29,489 --> 00:18:30,771
That's like all I need to know.

304
00:18:30,934 --> 00:18:31,198
Right?

305
00:18:31,662 --> 00:18:33,489
And he goes off to something else.

306
00:18:34,912 --> 00:18:39,584
So, I believe his take on the subject is that he wants to give monetary freedom,

307
00:18:40,236 --> 00:18:45,256
and so if we want to use Bitcoin or crypto for him, I guess it's the same.

308
00:18:45,256 --> 00:18:49,302
So I believe there's still a lot of work to be done to show him

309
00:18:49,311 --> 00:18:50,793
why Bitcoin is superior, right?

310
00:18:50,838 --> 00:18:51,756
Why Bitcoin is better.

311
00:18:52,251 --> 00:18:56,988
And so that, yeah, he doesn't squander it, or there's also like a...

312
00:18:57,601 --> 00:19:04,174
A dark side or a dark aspect to him, I would say that because some Bitcoiners

313
00:19:04,265 --> 00:19:09,474
have pointed this out in the past, he has gotten money from shitcoins

314
00:19:10,365 --> 00:19:12,529
or perhaps even Ponzi schemes, right?

315
00:19:13,574 --> 00:19:17,429
To promote, like to make a photo and a greeting, right?

316
00:19:17,820 --> 00:19:19,774
meeting the Coinex team.

317
00:19:20,168 --> 00:19:21,250
It's a sad thing.

318
00:19:21,627 --> 00:19:22,500
Yeah, you can look this up.

319
00:19:22,807 --> 00:19:27,280
And after a few months, CoinEx explodes, um, to let us, I don't

320
00:19:27,280 --> 00:19:29,080
know, a pump and dump or disappears.

321
00:19:29,544 --> 00:19:33,680
And all the people are, uh, yeah, lose all their savings in that.

322
00:19:34,057 --> 00:19:37,603
And theMilei t tries to, well, detach himself from that, right?

323
00:19:37,657 --> 00:19:38,930
In public.

324
00:19:39,821 --> 00:19:41,503
But it's a sad thing to, to watch.

325
00:19:42,221 --> 00:19:43,648
And I hope that it does not repeat.

326
00:19:44,484 --> 00:19:48,775
so, so yeah, I mean, the future for Argentina, I believe it's

327
00:19:48,784 --> 00:19:50,038
the best option possible.

328
00:19:50,266 --> 00:19:50,802
What happened?

329
00:19:51,338 --> 00:19:52,120
Melee winning.

330
00:19:52,702 --> 00:19:56,897
Otherwise, Argentina would have continued on this path of, going

331
00:19:56,897 --> 00:20:01,633
downhill and the salaries even going lower, like from 200 to a hundred.

332
00:20:01,879 --> 00:20:02,752
To 50.

333
00:20:03,152 --> 00:20:06,552
And then you become Venezuela and then you become Cuba, right?

334
00:20:07,197 --> 00:20:12,583
So right now, this process of dollarization, he's trying to push a,

335
00:20:12,583 --> 00:20:14,037
we will have to see how it unfolds.

336
00:20:14,764 --> 00:20:19,301
And also if he gets support from, from, I know the United States, so if he gets

337
00:20:19,328 --> 00:20:23,862
support from the IMF, because depending on how much, many dollars he can get

338
00:20:24,454 --> 00:20:30,718
from this, Financial institutions is how much suffering the Argentines are going

339
00:20:30,736 --> 00:20:31,991
to go through in the next few months.

340
00:20:33,272 --> 00:20:36,872
It's not going to be the same if he gets 10 billion or if he gets 100 billion.

341
00:20:37,830 --> 00:20:40,666
Because that, at one moment, the government is going to have to say,

342
00:20:41,248 --> 00:20:42,521
okay, this is the exchange rate.

343
00:20:42,962 --> 00:20:47,287
When they did this in the year 92, and the exchange rate got up to 10, 000 to

344
00:20:47,287 --> 00:20:52,737
1, so right now we are in 1, 000 to 1, so we don't know if this exchange rate

345
00:20:52,755 --> 00:21:00,088
is going to be 2, 000 pesos to 1, 5, 000 or 10, 000, 10, 000 pesos to 1, 000,

346
00:21:00,088 --> 00:21:06,242
so That is going to mean a very large devaluation, a very large impoverishment,

347
00:21:06,242 --> 00:21:11,954
and a lot of pain, but the thing is, I also believe that that is necessary.

348
00:21:12,745 --> 00:21:18,588
It's a painful process where you get rid of the problem of inflation, you pay

349
00:21:18,588 --> 00:21:20,279
all the debts, everything gets settled.

350
00:21:20,897 --> 00:21:21,797
Then you can restart.

351
00:21:22,312 --> 00:21:26,048
So perhaps salaries do go to $50 per month for the average worker,

352
00:21:26,580 --> 00:21:30,944
but after that it's all upside, it's all uphill, it's all okay.

353
00:21:30,944 --> 00:21:36,671
Then you go from 50 to 75, then you go from to se from 75 to 100 to 200.

354
00:21:37,134 --> 00:21:40,934
And eventually we can become a normal country again, where salaries used

355
00:21:41,016 --> 00:21:43,062
to be a thousand dollars in 2017.

356
00:21:43,062 --> 00:21:46,955
Uh, and it's going to be a, a quite interesting experience.

357
00:21:47,846 --> 00:21:51,183
Similar to perhaps what El Salvador is living through, that

358
00:21:51,237 --> 00:21:53,174
the country starts to grow again.

359
00:21:54,000 --> 00:21:54,418
All right.

360
00:21:54,518 --> 00:21:57,100
Uh, yeah, this is so interesting.

361
00:21:57,100 --> 00:22:01,100
I have so many questions and so many things on my mind now, but like, let's

362
00:22:01,100 --> 00:22:05,527
get, let's get back to the orange pilling of melee a bit later, but there's a

363
00:22:05,809 --> 00:22:11,382
couple of things I know that, uh, from the immediate criticisms I see on Twitter

364
00:22:11,609 --> 00:22:14,045
of melee and from other sources as well.

365
00:22:14,364 --> 00:22:20,136
Like, uh, One thing is that he's on the IMF's, uh, uh, web page.

366
00:22:20,512 --> 00:22:23,684
Or I think it's the World Economic Forum.

367
00:22:23,863 --> 00:22:27,317
No, no, not the IMF, the, the WEF, sorry for that.

368
00:22:27,318 --> 00:22:33,636
Uh, and there's, there's another thing he's, he's want, he wants to, to stop

369
00:22:33,636 --> 00:22:36,536
cooperating with, China and Brazil, right?

370
00:22:36,609 --> 00:22:40,145
He wants to, to, to end all that and leave, leave the BRICS thing.

371
00:22:40,663 --> 00:22:45,745
And he's pro U, very pro US, obviously, because he wants the

372
00:22:45,745 --> 00:22:49,491
dollar rise and pro and Israel, which he gets a lot of flack for as well.

373
00:22:49,536 --> 00:22:50,736
What are your comments on that?

374
00:22:51,202 --> 00:22:55,411
Well, on one side, he says that he doesn't want to deal with

375
00:22:55,430 --> 00:22:56,948
communist countries, right?

376
00:22:57,121 --> 00:22:58,666
He's on the pro liberty side.

377
00:22:59,260 --> 00:23:03,037
But at the same time, he also says that That's at the government

378
00:23:03,064 --> 00:23:07,030
level, but he will never interfere with private individuals trying to

379
00:23:07,030 --> 00:23:08,484
do commerce with anybody, right?

380
00:23:08,484 --> 00:23:11,593
So if a private individual or company wants to do commerce with China,

381
00:23:12,330 --> 00:23:13,884
he has no problem with it, right?

382
00:23:14,338 --> 00:23:16,602
But yeah, so his answer is at the state level.

383
00:23:16,818 --> 00:23:18,245
Well, that's great.

384
00:23:18,254 --> 00:23:20,472
In that case, there's no embargo or anything like that.

385
00:23:20,472 --> 00:23:24,354
It's just basically just wants to reduce the, the size of government.

386
00:23:24,354 --> 00:23:25,354
And that's always good.

387
00:23:25,800 --> 00:23:30,104
I mean, The saddest part about this sad, sad story about the five

388
00:23:30,104 --> 00:23:33,913
different currencies all going to shit is that the dollar itself is

389
00:23:33,950 --> 00:23:35,350
suffering from the same disease.

390
00:23:36,129 --> 00:23:41,138
Yes, that's what we Bitcoiners say, but it's hard to, I mean,

391
00:23:41,539 --> 00:23:44,221
you have to understand what Argentines are going through, right?

392
00:23:44,430 --> 00:23:47,230
And so when you're the inflation, the official inflation this year is

393
00:23:47,402 --> 00:23:53,720
about 147 percent or so, but in some instances it might be 200 or 300

394
00:23:53,729 --> 00:23:59,174
percent and the bond bubble that is, uh, it's like a ticking bomb that

395
00:23:59,329 --> 00:24:00,938
this government is leaving me late.

396
00:24:01,479 --> 00:24:05,552
It has like four times the size of the monetary base in circulation.

397
00:24:06,190 --> 00:24:14,374
So if Milei solved that, for sure you have like a fourfold devaluation, right?

398
00:24:14,474 --> 00:24:19,100
You go to 25 percent and you need to go to at least 4, 000 pesos to

399
00:24:19,100 --> 00:24:23,192
a dollar to solve that bond bubble.

400
00:24:23,611 --> 00:24:28,838
And those bonds are bonds that the government has created to suck up

401
00:24:28,838 --> 00:24:32,918
all the liquidity of the pesos in the market so that those pesos do

402
00:24:32,918 --> 00:24:34,673
not go towards purchasing dollars.

403
00:24:35,540 --> 00:24:40,267
And those bonds back up all the peso deposits in banks.

404
00:24:41,012 --> 00:24:45,773
So the banks are like forced to buy these bonds from the government, right?

405
00:24:46,182 --> 00:24:48,554
That's the backing of the, all the bank accounts.

406
00:24:49,391 --> 00:24:51,131
So they have to solve that.

407
00:24:51,349 --> 00:24:54,549
They, they, they don't need to, um, you have to prevent the default

408
00:24:54,740 --> 00:24:57,140
and explosion of that bond bubble.

409
00:24:57,628 --> 00:25:00,583
Otherwise, yeah, all the bank accounts go belly up as well.

410
00:25:00,592 --> 00:25:00,610
Yeah.

411
00:25:00,610 --> 00:25:01,292
Yeah.

412
00:25:01,292 --> 00:25:01,974
Yeah.

413
00:25:02,422 --> 00:25:08,349
So, I don't believe there's any other outcome or possibility that is not

414
00:25:08,861 --> 00:25:11,885
printing the money and devaluation, right?

415
00:25:11,912 --> 00:25:14,494
So it's going to be, like I said before, quite painful.

416
00:25:15,074 --> 00:25:19,221
So even though the dollar might have a 10 percent inflation, Or

417
00:25:19,285 --> 00:25:21,894
perhaps even more, 15, who knows.

418
00:25:22,239 --> 00:25:24,021
The governments always lie with inflation numbers.

419
00:25:24,673 --> 00:25:30,403
When you come from 150%, 15 seems like like a oasis, right?

420
00:25:30,757 --> 00:25:30,839
It's

421
00:25:30,957 --> 00:25:31,957
I walk in the park.

422
00:25:32,735 --> 00:25:33,998
Exactly, exactly.

423
00:25:34,617 --> 00:25:36,707
So what you have in a year, Argentines have in a month.

424
00:25:37,325 --> 00:25:39,280
So back, back to orange pilling melee.

425
00:25:39,280 --> 00:25:39,989
I, I know.

426
00:25:40,180 --> 00:25:43,353
So you, you weren't, were you friends with a guy?

427
00:25:43,362 --> 00:25:46,362
Like how close were you with this guy in, back in 2014,

428
00:25:46,756 --> 00:25:47,965
Well, not personal friends.

429
00:25:48,093 --> 00:25:48,347
No.

430
00:25:49,047 --> 00:25:53,211
I do know people that, yes, they are more friends with him

431
00:25:53,211 --> 00:25:54,929
or are working close to him.

432
00:25:55,493 --> 00:25:58,047
So that's a good ex A weird experience to have right now.

433
00:25:58,147 --> 00:26:02,356
So many liberals and libertarians in Argentina now are friends with

434
00:26:02,374 --> 00:26:05,020
all the guys in power or the people that are going to be in power.

435
00:26:05,020 --> 00:26:08,829
So it's a, an interesting, interesting experience.

436
00:26:09,693 --> 00:26:13,784
Um, now we also feel like we have a responsibility to help this new

437
00:26:13,947 --> 00:26:19,038
administration because if Milei fails, And there are lots of forces trying

438
00:26:19,047 --> 00:26:25,156
to formulate to fail, they will say, oh, it was the classical liberal ideas

439
00:26:25,947 --> 00:26:30,538
that brought us this hyperinflation, or that brought us this hyperdevaluation

440
00:26:31,556 --> 00:26:36,211
of the currency, and yeah, they will point the finger at him, and they

441
00:26:36,211 --> 00:26:37,133
will try to do something about it.

442
00:26:37,752 --> 00:26:40,579
All in the power to, for him not to succeed, right?

443
00:26:40,958 --> 00:26:44,185
So, on the libertarian side, we have to support him.

444
00:26:44,185 --> 00:26:44,461
We

445
00:26:44,634 --> 00:26:46,934
but you tried to orange pill him pretty hard.

446
00:26:46,934 --> 00:26:47,507
And back in 2014,

447
00:26:48,236 --> 00:26:53,221
Yes, in 2016, 2017, even when he, I remember when he was recording

448
00:26:53,915 --> 00:26:58,915
a political spot for TV in the previous election, I was one of the

449
00:26:59,288 --> 00:27:00,824
extras on the background, right?

450
00:27:01,506 --> 00:27:04,897
Uh, uh, uh, uh, and later approaching him, trying to talk

451
00:27:04,897 --> 00:27:06,470
to me about Bitcoin with him.

452
00:27:06,470 --> 00:27:09,828
And like I said, like after two minutes of talks, shuts down

453
00:27:09,828 --> 00:27:11,237
and he says, it's private money.

454
00:27:11,899 --> 00:27:12,853
That's all I care about.

455
00:27:12,999 --> 00:27:13,308
Right?

456
00:27:13,863 --> 00:27:17,863
So I believe in his mind, Bitcoin is the same as Ethereum perhaps,

457
00:27:18,154 --> 00:27:19,017
or the same as any other.

458
00:27:19,167 --> 00:27:19,640
okay.

459
00:27:20,122 --> 00:27:25,977
Okay, so, so he's taken, he's taken the black yellow pill and he's a

460
00:27:26,177 --> 00:27:30,595
true Rothbardian, but he's only taken half orange pill so far.

461
00:27:31,258 --> 00:27:32,349
Is that a good description?

462
00:27:32,858 --> 00:27:38,181
So, so then that begs the question, like, um, So how do we do this?

463
00:27:38,372 --> 00:27:41,163
How do we properly orange pill him going into the future?

464
00:27:41,163 --> 00:27:42,690
It's going to get harder and harder to reach.

465
00:27:42,699 --> 00:27:43,036
Right.

466
00:27:43,481 --> 00:27:49,263
So, uh, um, I know that there's this LaBitcoinConf in Buenos Aires, uh,

467
00:27:49,281 --> 00:27:53,761
that I heard the one this year was less shit coiny than the previous one.

468
00:27:54,452 --> 00:27:57,761
Uh, was that your, uh, were you, to begin with, were you there

469
00:27:57,761 --> 00:27:59,316
and was that your experience too?

470
00:27:59,402 --> 00:27:59,675
Yes.

471
00:27:59,675 --> 00:28:03,421
I arrived, uh, I was in Europe, uh, touring with La Bitcoineta.

472
00:28:03,457 --> 00:28:07,148
We can talk about that later, but, uh, I arrived one day before the conference.

473
00:28:07,957 --> 00:28:13,039
Uh, I was a speaker there and I actually, at one moment I suggested the organizers,

474
00:28:13,111 --> 00:28:14,311
we should invite Millet, right?

475
00:28:14,790 --> 00:28:16,202
he would bring a lot of people.

476
00:28:16,738 --> 00:28:21,257
The organizer didn't want like, uh, to get political on one side, right?

477
00:28:21,808 --> 00:28:27,090
But at least he did invite a, like a deputy of Milei a woman,

478
00:28:27,154 --> 00:28:31,144
she won, so she, she's now, uh, is going to become a deputy.

479
00:28:31,601 --> 00:28:35,747
And this woman is, uh, she's proposed to become like the

480
00:28:35,747 --> 00:28:37,320
chancellor of foreign affairs.

481
00:28:37,992 --> 00:28:41,524
of Milei And that woman is a Bitcoiner She knows a lot about Bitcoin.

482
00:28:41,524 --> 00:28:43,570
She, she knows even more than Milei about Bitcoin.

483
00:28:44,870 --> 00:28:49,867
Uh, so it's interesting to to know about her, Diana Mondino is her name.

484
00:28:50,512 --> 00:28:53,539
Uh, I'm not sure if there are videos about her on YouTube talking about Bitcoin.

485
00:28:53,594 --> 00:28:54,113
We should look that up.

486
00:28:54,576 --> 00:28:57,412
To see if there are subtitles in English for that.

487
00:28:57,945 --> 00:29:01,927
So yeah, our best chance is going through her, right?

488
00:29:02,518 --> 00:29:04,009
to, to try to orange pill him.

489
00:29:04,399 --> 00:29:07,748
And I also believe there's going to be interest by, well, the

490
00:29:07,785 --> 00:29:09,575
usual, orange-pillers right?

491
00:29:09,629 --> 00:29:16,714
Like, uh, JAN3 Samson Mow Prince Filip, and many other guys that will try.

492
00:29:17,214 --> 00:29:21,632
Filip speaks perfect Spanish, so, and he's got the, gravitas

493
00:29:21,687 --> 00:29:22,714
that comes with his title.

494
00:29:22,732 --> 00:29:25,841
So that, that will be a way in, it would be absolutely awesome.

495
00:29:26,269 --> 00:29:27,605
So, so let's make that happen.

496
00:29:27,678 --> 00:29:30,323
Uh, and if it's not Filip let, let it be someone else.

497
00:29:30,341 --> 00:29:35,366
Like all the Spanish speaking, Bitcoiners listening to this, uh, I should

498
00:29:35,376 --> 00:29:36,794
be one at this point, but I'm not.

499
00:29:37,585 --> 00:29:38,394
Unfortunately.

500
00:29:38,883 --> 00:29:43,156
should try to reach Milei somehow and, and properly orange-pill him because

501
00:29:43,665 --> 00:29:45,283
we need this guy on our side, I think.

502
00:29:45,519 --> 00:29:51,010
And, uh, so, so, so is he, uh, how well does he know Bokele in El Salvador?

503
00:29:51,610 --> 00:29:52,346
Are they in touch?

504
00:29:52,392 --> 00:29:53,337
Like, have they met?

505
00:29:54,362 --> 00:29:56,371
Not personally, that I know of.

506
00:29:57,189 --> 00:30:02,071
There is a video of Milei talking good things about Bukele, or using him as an

507
00:30:02,071 --> 00:30:08,286
example, when they told Millet, You're going to get in power and you don't

508
00:30:08,286 --> 00:30:10,759
have any deputies, senators, right?

509
00:30:11,205 --> 00:30:12,168
and belay answers.

510
00:30:12,423 --> 00:30:14,905
Do you know how many Bukele had when he started?

511
00:30:15,505 --> 00:30:15,841
Zero.

512
00:30:16,833 --> 00:30:21,023
So he sees himself as a Bukele in some sort of way.

513
00:30:21,533 --> 00:30:22,778
Yeah, yeah, I saw that clip.

514
00:30:22,860 --> 00:30:23,678
I saw that clip.

515
00:30:24,167 --> 00:30:28,994
Yeah, and there's been, well, I've seen on Twitter that El

516
00:30:28,994 --> 00:30:30,649
Salvador is going to send over a...

517
00:30:31,058 --> 00:30:34,412
A group of people, I'm not sure if Bukele for himself will

518
00:30:34,421 --> 00:30:37,676
be on the inauguration day.

519
00:30:38,285 --> 00:30:39,194
I hope he comes.

520
00:30:39,194 --> 00:30:43,867
It will be quite interesting to see Bukele, Bolsonaro,

521
00:30:44,121 --> 00:30:48,076
that used to be president in Brazil, as well as many others.

522
00:30:49,406 --> 00:30:53,656
So, yeah, I mean, have to put all the efforts in orange-pilling Milei

523
00:30:53,836 --> 00:30:56,350
all through these months They are going to be critical, they are

524
00:30:56,350 --> 00:30:57,677
going to be very painful months.

525
00:30:58,113 --> 00:31:00,213
They're going to try to destroy him.

526
00:31:00,829 --> 00:31:01,665
think that the left.

527
00:31:01,837 --> 00:31:05,798
they try to get him out of office, for him to resign, to point the finger that

528
00:31:05,972 --> 00:31:10,078
all the problems are his fault, When actually he's fixing things, right?

529
00:31:10,078 --> 00:31:12,583
He's making the problem go away.

530
00:31:12,656 --> 00:31:16,401
Argentina has a cancer right now it's only been growing and growing and growing

531
00:31:16,401 --> 00:31:18,246
and now it's the time to take it out.

532
00:31:18,466 --> 00:31:22,450
To suffer the going through the medical procedure, but after that you're

533
00:31:22,477 --> 00:31:24,524
healed, you can start to recover.

534
00:31:25,118 --> 00:31:26,582
I will put all my efforts in as well.

535
00:31:26,977 --> 00:31:30,597
Alright, you might have noticed that we've recently partnered with AmberApp.

536
00:31:30,888 --> 00:31:35,218
After our episode with Izzy, their CEO, and our close friend, we knew we

537
00:31:35,218 --> 00:31:38,622
would have to partner with them in some way, If you haven't seen our episode

538
00:31:38,622 --> 00:31:42,712
with Izzy, definitely go check it out, you'll see why it's such a great fit,

539
00:31:42,962 --> 00:31:46,892
and honestly, they're following the orange glowing light like Izzy always

540
00:31:46,892 --> 00:31:50,982
says, and that's exactly what we try to do here at the Freedom Footprint Show.

541
00:31:51,307 --> 00:31:55,717
The big news about AmberApp is that on Jan 3, 2024, they're going

542
00:31:55,717 --> 00:31:57,717
to be launching their version 2.

543
00:31:57,933 --> 00:32:01,443
I've seen some of the screenshots and it looks fantastic.

544
00:32:01,738 --> 00:32:05,549
They're going to be including a non custodial on chain wallet, an

545
00:32:05,569 --> 00:32:09,821
anonymous lightning wallet, a fiat wallet, And finally, it's going

546
00:32:09,821 --> 00:32:11,161
to be an exchange, of course.

547
00:32:11,401 --> 00:32:14,303
it's going to be just this super app, They're also going

548
00:32:14,303 --> 00:32:15,653
to be launching globally.

549
00:32:15,673 --> 00:32:17,223
Everyone's going to be able to use it.

550
00:32:17,463 --> 00:32:19,193
we're really excited about all that.

551
00:32:19,323 --> 00:32:21,963
Stay tuned with us and you'll hear all about it.

552
00:32:22,163 --> 00:32:24,513
And for now, check out their website, amber.

553
00:32:24,763 --> 00:32:27,473
app and the episode with Izzy to find out more.

554
00:32:27,780 --> 00:32:29,319
Next up WasabiWallet.

555
00:32:29,559 --> 00:32:33,009
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556
00:32:33,009 --> 00:32:34,719
wallet with CoinJoin built in.

557
00:32:35,299 --> 00:32:39,289
It's the easy to use, comprehensive, affordable way to make your coins private.

558
00:32:39,854 --> 00:32:42,864
And the best part is, they've been making huge improvements to the app.

559
00:32:43,174 --> 00:32:46,124
They're really focusing on the user experience, adding advanced

560
00:32:46,234 --> 00:32:48,784
features for power users, they just keep getting better.

561
00:32:49,304 --> 00:32:52,784
You send your coins to your Wasabi wallet, and they get combined with loads of

562
00:32:52,784 --> 00:32:56,904
other coins using the Wabi Sabi protocol, so they're private on the other end.

563
00:32:57,444 --> 00:33:00,954
Your tracks are covered so you can work on expanding your Freedom Footprint

564
00:33:01,104 --> 00:33:02,784
without worrying about your privacy.

565
00:33:03,664 --> 00:33:04,574
So, check out wasabiwallet.

566
00:33:04,574 --> 00:33:07,744
io and download Wasabi today.

567
00:33:08,085 --> 00:33:10,939
Beautiful, beautiful story and beautiful puts, Ariel.

568
00:33:11,803 --> 00:33:16,376
So, from one thing to another, what can you tell us about this La Bitcoinista?

569
00:33:17,839 --> 00:33:19,667
No, La Bitcoinetta, sorry, sorry.

570
00:33:20,630 --> 00:33:24,421
The Bitcoin van, how is that project going and where is the

571
00:33:24,421 --> 00:33:25,785
van now and where is it going?

572
00:33:26,184 --> 00:33:28,611
Well, this, I'm going to show you a picture of what

573
00:33:28,611 --> 00:33:29,557
the band looks like, right?

574
00:33:30,429 --> 00:33:32,293
This is the European Bitcoin ETA.

575
00:33:33,448 --> 00:33:36,802
And it's a project to teach people about Bitcoin, orange pill

576
00:33:36,857 --> 00:33:38,329
people all throughout Europe.

577
00:33:38,911 --> 00:33:41,348
But actually the idea to do this came from Argentina.

578
00:33:41,348 --> 00:33:44,807
This is the first Bitcoin ETA that is still here in Argentina.

579
00:33:45,234 --> 00:33:46,916
From 2018, right?

580
00:33:46,970 --> 00:33:51,870
We, we started this project and this one has traveled through Brazil, Uruguay,

581
00:33:51,934 --> 00:33:54,216
Paraguay, Chile, Bolivia, Argentina.

582
00:33:55,198 --> 00:34:00,925
And then when Bukele announced Bitcoin in El Salvador, we

583
00:34:01,452 --> 00:34:02,992
did this one for El Salvador.

584
00:34:02,992 --> 00:34:06,079
This one is in El Zonte in Beacon

585
00:34:06,107 --> 00:34:07,689
Yeah, I recognize

586
00:34:07,907 --> 00:34:08,416
You've been there?

587
00:34:08,861 --> 00:34:09,298
Yes.

588
00:34:09,361 --> 00:34:09,552
Yes.

589
00:34:09,652 --> 00:34:12,143
No, I haven't been, but I've seen pictures of it in Ensente.

590
00:34:12,684 --> 00:34:12,984
Right.

591
00:34:13,439 --> 00:34:17,675
Um, last year, uh, this one was launched in, uh, in South Africa.

592
00:34:17,684 --> 00:34:22,648
Uh, it's at the Shuttle and Cruiser and our Bitcoinetta, we've

593
00:34:22,657 --> 00:34:26,966
been traveling through Europe from May 5th till October 27th.

594
00:34:27,503 --> 00:34:29,212
We've covered more than 20 countries.

595
00:34:29,439 --> 00:34:31,694
So we started in Spain, Gibraltar, Portugal.

596
00:34:31,957 --> 00:34:33,030
We went all the way.

597
00:34:33,716 --> 00:34:36,744
Well to bt deprived to Oslo for the Human Rights Foundation

598
00:34:36,798 --> 00:34:41,616
Conference all the way to Istanbul in Turkey, and then back, right?

599
00:34:41,971 --> 00:34:48,998
Riga, Italy, Switzerland, Germany, uh, the UK for a month we did so, so in total

600
00:34:49,248 --> 00:34:52,189
we, we did more than 40,000 kilometers.

601
00:34:52,780 --> 00:34:55,153
That is like saying like 25,000 miles or so.

602
00:34:55,831 --> 00:35:00,431
we lead, uh, I don't have the number here, but I guess 100

603
00:35:00,494 --> 00:35:02,173
meetups, uh, many, many conferences.

604
00:35:02,898 --> 00:35:05,370
And so the, yeah, the idea is to spread the Bitcoin message.

605
00:35:05,707 --> 00:35:10,434
We carry books, like many, we carry your, your books as well, uh, and other

606
00:35:10,434 --> 00:35:13,734
books, uh, hardware wallets, uh, yeah.

607
00:35:14,370 --> 00:35:18,707
We have a minor, an old, so, so, so yeah, the idea is to

608
00:35:18,761 --> 00:35:20,343
orange pill people to educate.

609
00:35:21,098 --> 00:35:26,343
And for next year, for 2024, we're considering like organizing, uh, small

610
00:35:26,361 --> 00:35:31,652
conferences all throughout Europe, because when we did the closing of the tour.

611
00:35:32,057 --> 00:35:38,593
We did it in Andorra because when back in May we cross, or June, we

612
00:35:38,593 --> 00:35:43,466
cross through Andorra, we met a Bitcoiner and that guy, he told us,

613
00:35:43,466 --> 00:35:44,993
oh yeah, he knew the president, right?

614
00:35:44,993 --> 00:35:47,393
Because Andorra is a small country, he knew the president

615
00:35:47,530 --> 00:35:50,893
and I thought, oh, this is a great orange pilling opportunity, right?

616
00:35:51,548 --> 00:35:54,139
So I asked him, what about we organize a conference?

617
00:35:54,989 --> 00:35:58,680
And he went to the Association of Engineers and the Association

618
00:35:58,680 --> 00:36:02,661
of Economists, and yeah, they got into the idea.

619
00:36:03,261 --> 00:36:06,980
They invited their database of engineers, database of

620
00:36:07,043 --> 00:36:08,470
economists, accountants, and so on.

621
00:36:09,352 --> 00:36:12,944
And they gave us a, uh, an auditorium and we held the first

622
00:36:12,944 --> 00:36:14,308
Bitcoin only conference of Andorra.

623
00:36:14,790 --> 00:36:15,053
Right?

624
00:36:15,416 --> 00:36:20,416
so, so it's nice to see La Bitcoineta organizing the first Bitcoin

625
00:36:20,416 --> 00:36:21,852
only conferences in each city.

626
00:36:22,359 --> 00:36:27,550
Uh, where we've been through, uh, and, and in the end, uh, this, uh, Andorran

627
00:36:27,559 --> 00:36:31,514
guy could not confirm us like, yeah, the president's coming or people

628
00:36:31,514 --> 00:36:32,655
from the banking sector are coming.

629
00:36:32,655 --> 00:36:38,232
So, so I did not like push it further, but if he had confirmed,

630
00:36:38,232 --> 00:36:39,350
yes, the president's coming.

631
00:36:39,777 --> 00:36:39,968
Yeah.

632
00:36:40,086 --> 00:36:40,914
I would have told Samsung.

633
00:36:41,014 --> 00:36:42,395
I would have told Prince Philip, right?

634
00:36:43,023 --> 00:36:46,569
Hey guys, you need to come or a sponsored event or something.

635
00:36:46,569 --> 00:36:46,962
Sure.

636
00:36:47,154 --> 00:36:51,309
You need to tell me to, because I'll, uh, I'll hop in the car and drive up there.

637
00:36:51,673 --> 00:36:53,509
Like, of course.

638
00:36:55,068 --> 00:36:57,659
I should look the photo up, but for Andorra, which is a

639
00:36:57,659 --> 00:36:59,404
country of 60, 80, 000 people.

640
00:37:00,059 --> 00:37:01,732
It was quite a nice event.

641
00:37:01,732 --> 00:37:04,641
I mean, we had like 25 people or 30 people come in.

642
00:37:05,308 --> 00:37:06,890
so yeah, that's the project.

643
00:37:07,472 --> 00:37:09,463
You can follow me on Twitter.

644
00:37:09,472 --> 00:37:12,645
It's at Ariel Aguilar, the handle.

645
00:37:13,163 --> 00:37:18,286
And next year I will also be launching a book about Argentina and Bitcoin.

646
00:37:18,792 --> 00:37:19,747
Fantastic.

647
00:37:19,964 --> 00:37:22,527
And yeah, you should also follow the Bitcoin Netta project.

648
00:37:23,114 --> 00:37:27,927
Atta EU is the European version, I guess, and I guess there's a similar,

649
00:37:27,927 --> 00:37:29,536
uh, handle for the other project.

650
00:37:29,573 --> 00:37:32,077
The, the, the other ones from Argentina.

651
00:37:32,077 --> 00:37:36,354
I think it's at Bitcoin or at Lata la Bitcoin.

652
00:37:37,001 --> 00:37:40,455
yeah, you should follow us there and you should come to Argentina and look,

653
00:37:41,137 --> 00:37:45,110
I should definitely come to Argentina, so should you, Luke, and we should, yeah, we

654
00:37:45,110 --> 00:37:46,819
should do a South American tour one day.

655
00:37:47,113 --> 00:37:49,541
course we'll throw a, a barbecue.

656
00:37:50,313 --> 00:37:51,595
We'll throw a big barbecue when you come.

657
00:37:51,801 --> 00:37:52,619
We have the best meat.

658
00:37:52,902 --> 00:37:56,893
yes, the Argentinian kitchen is the best in the world.

659
00:37:56,975 --> 00:38:01,402
Like, I, there's an Argentinian steakhouse here close to where I live, and it's

660
00:38:01,411 --> 00:38:02,766
my absolute favorite restaurant.

661
00:38:03,138 --> 00:38:04,811
There's nothing like a steak

662
00:38:04,902 --> 00:38:08,202
do you know how, how, how much does it cost?

663
00:38:08,202 --> 00:38:11,034
Like a kilo of sirloin or in Argentina?

664
00:38:11,559 --> 00:38:14,814
Uh, less than here, I guess, and, uh, very

665
00:38:14,818 --> 00:38:17,737
It's like three, three or four dollars for a kilo right now.

666
00:38:17,987 --> 00:38:19,241
oh, fantastic.

667
00:38:19,487 --> 00:38:20,459
We have to go, Luke.

668
00:38:21,964 --> 00:38:22,400
Yes, yes,

669
00:38:22,673 --> 00:38:22,946
agree.

670
00:38:22,955 --> 00:38:23,700
Looking forward to it.

671
00:38:24,214 --> 00:38:26,414
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672
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before we let you go, Ariel, uh, is there anything you want

712
00:40:19,181 --> 00:40:21,081
to have on your mind, Luke?

713
00:40:21,090 --> 00:40:21,108
We

714
00:40:21,154 --> 00:40:21,772
You know what?

715
00:40:21,772 --> 00:40:23,672
I think this has been a fantastic overview.

716
00:40:23,708 --> 00:40:28,942
So, uh, I'll just toss it back with, uh, do you think this is going to work?

717
00:40:29,478 --> 00:40:32,424
Are you optimistic that that Melee is going to succeed?

718
00:40:32,751 --> 00:40:36,460
Well, if he remains in power, they don't overthrow him.

719
00:40:36,996 --> 00:40:43,623
They don't make him suicide because in Argentina sometimes when people appear

720
00:40:43,623 --> 00:40:46,533
dead, eh, they have them dead, right?

721
00:40:47,087 --> 00:40:53,587
And if this influence from the previous president that has like a godfather him

722
00:40:54,446 --> 00:40:57,546
Let's not go too far, right, because this previous president might...

723
00:40:58,310 --> 00:41:03,437
Put many people from the previous administration in power, uh, I expect them

724
00:41:03,446 --> 00:41:09,228
not to stop things and not come with those k nation ideas that they have, right?

725
00:41:10,073 --> 00:41:15,383
So if he's able, yeah, to, to, to bring his idea of sports, uh, the next few

726
00:41:15,383 --> 00:41:17,619
years in Argentina are going to be great.

727
00:41:17,746 --> 00:41:19,437
I mean, they're going to be all upside.

728
00:41:20,292 --> 00:41:23,283
So you foreigners, you can, you will be able to come here with a

729
00:41:23,301 --> 00:41:26,573
few hundred dollars or thousands of dollars and buy everything, right?

730
00:41:27,037 --> 00:41:30,355
on the cheap and ride all the upside wave.

731
00:41:31,064 --> 00:41:36,346
And it's going to be a very free country, like to do peer to peer transactions.

732
00:41:37,083 --> 00:41:38,837
Nobody messing with you, right?

733
00:41:39,516 --> 00:41:40,170
to be a free country.

734
00:41:40,252 --> 00:41:41,785
So you're invited to come.

735
00:41:42,380 --> 00:41:43,589
Absolutely awesome.

736
00:41:43,780 --> 00:41:49,398
And one thing we haven't mentioned, if there's one undeniable fact about

737
00:41:49,443 --> 00:41:53,662
Javier Mille, it's that he has the best haircut of any politician ever.

738
00:41:53,907 --> 00:41:55,080
Like that haircut is just

739
00:41:55,757 --> 00:41:56,739
Yeah, for sure.

740
00:41:57,084 --> 00:41:57,521
Rockstar.

741
00:41:57,625 --> 00:41:58,407
Sideburns for the win.

742
00:41:59,607 --> 00:42:01,162
What do you think about Melee's chances?

743
00:42:01,771 --> 00:42:03,753
What do you think about Melee's haircuts?

744
00:42:03,762 --> 00:42:05,243
What do you think about all of this?

745
00:42:05,662 --> 00:42:09,034
Comment below and like, subscribe and brush your teeth, people.

746
00:42:09,389 --> 00:42:11,043
So, see you in the next one.

747
00:42:11,143 --> 00:42:12,098
Thank you very much, Arjo.

748
00:42:12,466 --> 00:42:12,830
See you.

749
00:42:12,948 --> 00:42:13,203
Bye.