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communick@expats.zone

Implications of new Argentinian President elect (alien.top)

submitted 10 months ago by ThrowItAwayAlready89@alien.top to c/digitalnomad@expats.zone

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Have yet to travel to Argentina myself, but I’d like to in 2024 for a couple of months at least.

I’m wondering if those of you who are familiar with the situation could share your thoughts on how the change in leadership may impact DNs.

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[–] upstatenyusa@alien.top 1 points 10 months ago (1 children)

My guess is Argentina will be the first country to have a virtual currency pegged to the dollar. But I am not sure how all this is gonna pan out

[–] Fictional-adult@alien.top 1 points 10 months ago

Pegging it to the dollar only works if you have actual dollars, and using a separate currency allows other politicians down the line to unpeg it or print more money and just lie. There won’t be a separate currency because actual dollars accomplish the stated goal better.