Quote from: uneng on December 28, 2023, 10:00:31 PM

Quote from: synchronym on December 23, 2023, 09:13:40 AM

The newly elected president of Argentina. Prior to the election, he promised the general public in his country that he would legalize Bitcoin in Argentina if elected. Maybe after he gets elected he is using the roundabouts. But it is being word of mouth yet its formality or its legality has not yet been declared on paper by the Argentine government. But since the newly elected president is discussing Bitcoin legalization, maybe Argentina will soon have Bitcoin legalization on paper. If Argentina legalizes Bitcoin, it will surely be good for the people of its country.

He is doing everything through decrees until now. Decrees are delicate and unstable measures, since they can be revoked at anytime by the legislative or judiciary. As I see, the establishment is allowing him to act freely for now. Maybe expecting he commits a serious mistake, to show how authoritarian he is to govern through decrees, or just to have a reason to bargain and blackmail him later. Like, if he wants the decree to remain active, he must do something in exchange...

Until now, everything is working exactly like it worked in Brazil in 2019. High expectations and hopes from the population, an apparent coherent leader with his campaign's proposals, a qualified and technical team of ministers, a government commited with economical responsability. If it lasts for a little more than 1 year, it's already better than the brazilian fiasco. Let's see... Anyway, argentinians have the great opportunity of being paid in BTC for now, and saving their money for the next bull run. I wouldn't waste this golden opportunity!

However, I'm not certain how it works for real. Is the employer forced to pay the employees' wages in BTC, if they wish? And in case the employer doesn't want to pay wages in BTC, neither know how to deal with this, what happens? Is the government acquiring BTC to pay public employees in Bitcoin? How, where and for what rates?

Thank you