1 00:00:00,123 --> 00:00:03,648 have to put all the efforts in orange-pilling Milei all through these 2 00:00:03,648 --> 00:00:06,989 months They are going to be critical, they are going to be very painful months. 3 00:00:07,425 --> 00:00:09,525 They're going to try to destroy him. 4 00:00:10,141 --> 00:00:10,977 think that the left. 5 00:00:11,150 --> 00:00:15,110 they try to get him out of office, for him to resign, to point the finger that 6 00:00:15,284 --> 00:00:19,390 all the problems are his fault, When actually he's fixing things, right? 7 00:00:19,390 --> 00:00:21,895 He's making the problem go away. 8 00:00:21,968 --> 00:00:25,713 Argentina has a cancer right now it's only been growing and growing and growing 9 00:00:25,713 --> 00:00:27,558 and now it's the time to take it out. 10 00:00:27,778 --> 00:00:31,762 To suffer the going through the medical procedure, but after that you're 11 00:00:31,789 --> 00:00:33,836 healed, you can start to recover. 12 00:00:33,916 --> 00:00:37,497 Welcome back to the Freedom Footprint show with Knut Svanholm and me, Luke 13 00:00:37,534 --> 00:00:42,361 the Pseudo Finn, and today we're joined by Ariel Aguilar, a Bitcoin evangelist, 14 00:00:42,361 --> 00:00:44,461 goes by Bitcoin Evangelista on Twitter. 15 00:00:44,843 --> 00:00:50,188 And you might've seen him driving across Europe as one half of La Bitcoineta, 16 00:00:50,188 --> 00:00:51,806 yeah, this great big Bitcoin van. 17 00:00:51,807 --> 00:00:55,926 There's viral picture of Michael Saylor from BTC Prague sitting in the van. 18 00:00:55,926 --> 00:00:56,663 It's very cool. 19 00:00:56,990 --> 00:01:01,037 But anyway, he's, uh, he's here today to tell us a bit about the 20 00:01:01,091 --> 00:01:02,891 economic situation in Argentina. 21 00:01:03,237 --> 00:01:08,296 And we're recording this just after the Javier Mil eiin the 22 00:01:08,296 --> 00:01:09,959 Argentinian presidential election. 23 00:01:10,232 --> 00:01:12,407 So it's a very topical episode today. 24 00:01:12,443 --> 00:01:14,664 So Ariel, welcome to the Freedom Footprint show. 25 00:01:14,664 --> 00:01:15,327 Thanks for joining us. 26 00:01:15,735 --> 00:01:16,408 Well, thank you guys. 27 00:01:16,435 --> 00:01:18,441 It's pleasure to be here, Knut and Luke. 28 00:01:18,885 --> 00:01:20,694 So yeah, I'm in Buenos Aires right now. 29 00:01:20,885 --> 00:01:22,549 I have lived through the elections. 30 00:01:22,970 --> 00:01:26,052 Milei has won the first libertarian president in history, 31 00:01:26,309 --> 00:01:27,373 all around the world actually. 32 00:01:27,373 --> 00:01:31,080 And ran with a libertarian anarcho capitalist campaign. 33 00:01:31,144 --> 00:01:37,117 of uh, reducing the size of the government, lowering taxes, well, actually 34 00:01:37,117 --> 00:01:42,008 like voucher systems for education and health care, so, so, so yeah, it's 35 00:01:42,008 --> 00:01:45,798 amazing, the rise of Millet, we're gonna be discussing this because I've known 36 00:01:45,871 --> 00:01:52,368 him for Since before he was famous, it's quite funny that 2014 or around 37 00:01:52,513 --> 00:01:53,886 that year, he became a libertarian. 38 00:01:53,886 --> 00:01:55,795 Before that, he wasn't a libertarian. 39 00:01:56,586 --> 00:01:59,750 He was more like a monetarist from the Chicago school, right? 40 00:02:00,186 --> 00:02:03,341 He discovered Rothbard and other Austrian economic authors. 41 00:02:04,086 --> 00:02:09,570 And ever since then, he's been doing, uh, proof of work, like constantly going to 42 00:02:09,624 --> 00:02:14,688 TV shows, universities, colleges, giving speeches, traveling all around Argentina, 43 00:02:14,934 --> 00:02:19,661 then to Latin America countries as well, and teaching people about Austrian 44 00:02:19,661 --> 00:02:25,464 economics, libertarianism, capitalism, so it's quite a character, I know 45 00:02:25,464 --> 00:02:32,423 you've seen videos of him, you really should go And it's also another amazing 46 00:02:32,451 --> 00:02:37,605 aspect of this is that he has run the cheapest political campaign in history. 47 00:02:38,285 --> 00:02:39,458 He hasn't spent money on ads. 48 00:02:39,458 --> 00:02:46,743 The he had worked in government, he was minister of economics. 49 00:02:47,225 --> 00:02:52,397 And use a lot of state resources to put billboards all around to 50 00:02:52,416 --> 00:02:56,955 have the government employees uh, pushing the official candidate. 51 00:02:57,437 --> 00:03:03,062 And Milei only had like an army of people on Twitter and social 52 00:03:03,062 --> 00:03:07,158 media, working for him for free, like, uh, pushing, making memes. 53 00:03:07,739 --> 00:03:13,399 So, so it's funny that, uh, they say that kind of teenagers on Twitter. 54 00:03:14,483 --> 00:03:16,146 Political campaign and he won. 55 00:03:16,668 --> 00:03:17,268 So it's amazing. 56 00:03:17,268 --> 00:03:20,595 It's the most voted candidate in ARG history. 57 00:03:20,595 --> 00:03:26,993 He got around 56, no, 55.6%, 0.7%. 58 00:03:27,584 --> 00:03:30,747 So we can run it up for uh, 56% votes. 59 00:03:31,302 --> 00:03:33,375 No candidate in history has got, uh, so high. 60 00:03:33,773 --> 00:03:37,536 Yeah, it's truly remarkable that a character like this can win an election 61 00:03:37,536 --> 00:03:39,845 anywhere, and it's absolutely fantastic. 62 00:03:40,145 --> 00:03:42,682 Now, he can certainly talk the talk. 63 00:03:42,682 --> 00:03:44,636 The question is, can he walk the walk? 64 00:03:44,682 --> 00:03:49,687 I mean, do you think that he will deliver on his promises, or 65 00:03:49,687 --> 00:03:51,105 is he just another politician? 66 00:03:51,205 --> 00:03:54,587 I have a hard time trusting politicians in general, but these... 67 00:03:55,323 --> 00:03:59,943 This, this guy seems like the world's first anti politician politician. 68 00:04:00,366 --> 00:04:00,694 Right. 69 00:04:00,939 --> 00:04:01,348 Well, yeah. 70 00:04:01,348 --> 00:04:03,421 We'll have to see through the CEOs and months. 71 00:04:03,739 --> 00:04:05,484 Argentina is a quite difficult country. 72 00:04:05,998 --> 00:04:11,317 It's been conquered by unions, by businessmen that we like to 73 00:04:11,317 --> 00:04:13,780 call them like dinosaurs, right? 74 00:04:13,780 --> 00:04:19,154 Because they are entrenched with the politicians, they ask for regulations and 75 00:04:19,154 --> 00:04:24,327 for, for example, for many, many decades, the ethos or the culture in Argentina 76 00:04:24,708 --> 00:04:29,762 was to do a import substitution, like prohibiting the importation of goods. 77 00:04:30,262 --> 00:04:31,569 building national products. 78 00:04:32,196 --> 00:04:35,005 So, for example, through the sixties, seventies, eighties, 79 00:04:35,805 --> 00:04:39,067 the same cars were being produced all throughout those decades. 80 00:04:39,258 --> 00:04:45,740 Like the same car that was sold in 1967 was manufactured in 1989. 81 00:04:46,240 --> 00:04:46,595 Right. 82 00:04:46,893 --> 00:04:48,802 and the economy in Argentina was quite closed. 83 00:04:49,442 --> 00:04:50,755 So up until this day. 84 00:04:51,478 --> 00:04:55,842 What they teach you in school and in college is that we have 85 00:04:55,878 --> 00:04:57,378 to live with what is ours. 86 00:04:57,469 --> 00:05:00,581 We have to live with Argentine production and we have to 87 00:05:00,581 --> 00:05:01,835 keep the foreign things away. 88 00:05:02,243 --> 00:05:04,097 So, so Argentina is quite isolated. 89 00:05:04,475 --> 00:05:08,498 It's a country where right now, You cannot do international wire transfers. 90 00:05:08,911 --> 00:05:14,426 I cannot go to a bank and say, Hey, I want to send 1, 000 to America or to Europe. 91 00:05:15,599 --> 00:05:16,190 You cannot do it. 92 00:05:16,445 --> 00:05:16,735 Right? 93 00:05:17,017 --> 00:05:18,799 You have to be an exporter. 94 00:05:19,215 --> 00:05:26,018 And right now the situation is so bad that even exporters or people that were 95 00:05:26,018 --> 00:05:30,991 doing importation, sorry, imports, the government told them, Hey, we don't 96 00:05:30,991 --> 00:05:33,076 have the dollars for you to wire abroad. 97 00:05:33,636 --> 00:05:38,281 Get financing outside or make your supplier finance you for 98 00:05:38,281 --> 00:05:39,736 six months or nine months. 99 00:05:40,218 --> 00:05:43,819 That we're going to pay you in the future and right now the central bank 100 00:05:43,819 --> 00:05:50,365 is 25 billion in debt because of that, of payments that need to go to China, 101 00:05:50,374 --> 00:05:54,574 to the United States or Europe, and the central bank does not have that money. 102 00:05:55,729 --> 00:05:56,165 It's broke. 103 00:05:56,688 --> 00:05:57,706 It's a net negative. 104 00:05:57,760 --> 00:06:02,118 It's when you take all the liabilities, the situation is quite dire. 105 00:06:02,545 --> 00:06:06,660 And fortunately, we hope that Milei will tell the Argentine people the 106 00:06:06,660 --> 00:06:08,324 situation when he goes into power. 107 00:06:08,758 --> 00:06:12,531 He's going to become president officially on December 10th. 108 00:06:13,076 --> 00:06:15,458 So we are only like 20 days away from that. 109 00:06:16,316 --> 00:06:20,725 transition has to go very fast, but the next few months are going 110 00:06:20,734 --> 00:06:24,851 to be quite painful, I say, and going to your question, Knut, about 111 00:06:25,124 --> 00:06:26,624 if he's going to deliver or not. 112 00:06:27,204 --> 00:06:31,195 One of the things that's going on is that Milei doesn't have a structure behind him, 113 00:06:31,241 --> 00:06:36,710 like to support him and all the people that are needed to fill all the roles in 114 00:06:36,710 --> 00:06:38,716 even didn't have like a political party. 115 00:06:38,716 --> 00:06:39,887 He didn't even have. 116 00:06:41,227 --> 00:06:44,948 The structure that you need to oversee the elections in Argentina, 117 00:06:45,239 --> 00:06:50,185 we do elections with ballots and on each table that needs to be like the 118 00:06:50,203 --> 00:06:55,439 president of the voting table, plus overseers from each political party. 119 00:06:55,883 --> 00:06:59,419 And there are like 100, 000 tables where you people go to vote. 120 00:06:59,892 --> 00:07:04,883 So you need 100, 000 people to go and take care of your boats, right? 121 00:07:04,883 --> 00:07:07,801 Because otherwise they make fraud and they steal the boats. 122 00:07:08,573 --> 00:07:13,475 So when he got into the Valotage, which is the rerun of election, you 123 00:07:13,475 --> 00:07:15,820 have to choose between the first and the second melee, it was second place. 124 00:07:16,790 --> 00:07:24,531 a previous president from 1950, no, sorry, 2015 to 2019, offered melee, 125 00:07:25,231 --> 00:07:32,040 uh, to help like, uh, becoming his like godfather and granting him the, all 126 00:07:32,044 --> 00:07:34,058 the overseers from his political party. 127 00:07:34,535 --> 00:07:40,064 And the woman that was third in, in the elections, uh, Malay 128 00:07:40,064 --> 00:07:42,019 had totally bashed her, right? 129 00:07:42,374 --> 00:07:43,819 Malay had accused her. 130 00:07:44,110 --> 00:07:49,046 of being a terrorist in the 70s, of putting bombs in kindergartens, 131 00:07:49,328 --> 00:07:52,837 right, because terrorists used to do that in Argentina back in the 70s. 132 00:07:53,382 --> 00:07:58,498 And even though Milei was, I mean, so strong against her, 133 00:07:58,894 --> 00:08:01,256 she chose to help him anyways. 134 00:08:02,011 --> 00:08:07,129 And so she went publicly and declared to please, we have to support Millet, 135 00:08:07,993 --> 00:08:12,862 not the, Massa, which was in number one position in the first election. 136 00:08:13,324 --> 00:08:16,876 And so all the support from the previous president, from this woman, 137 00:08:16,876 --> 00:08:23,011 Patricia, And for many sectors, it got him to where he is now. 138 00:08:23,674 --> 00:08:26,702 Otherwise, this election, they would have stolen all the votes. 139 00:08:27,232 --> 00:08:31,332 and yeah, we will have more, uh, we call it Kirchnerismo. 140 00:08:31,332 --> 00:08:35,814 Kirchnerism is the, the, the ruling class that has been ruling Argentina 141 00:08:35,851 --> 00:08:38,078 for the last almost 20 years. 142 00:08:38,401 --> 00:08:41,074 And Argentina was going to continue on its decline. 143 00:08:41,101 --> 00:08:44,760 Right now, the average salary of an Argentine is like 200 a month. 144 00:08:45,384 --> 00:08:46,530 the situation is very tense. 145 00:08:46,884 --> 00:08:48,257 You can see it on people's faces. 146 00:08:48,639 --> 00:08:50,903 they are not able to afford rent. 147 00:08:51,303 --> 00:08:53,021 they are not able to afford food. 148 00:08:54,057 --> 00:08:58,071 they're not even able then to have any savings left after 149 00:08:58,071 --> 00:08:59,462 paying for rent and food, right? 150 00:09:00,107 --> 00:09:05,234 So, so, and, and all and the expectations or what Argentine have 151 00:09:05,234 --> 00:09:08,944 been living through the past million months is that every month that comes 152 00:09:09,025 --> 00:09:10,307 is worse than the previous month. 153 00:09:11,053 --> 00:09:17,110 So, it's quite I mean, for a European or an American, I believe, it's quite 154 00:09:17,110 --> 00:09:22,001 difficult to imagine how it is life when you, for the last 20 years, every 155 00:09:22,001 --> 00:09:23,601 year is worse than the previous year. 156 00:09:24,220 --> 00:09:27,102 I believe that it's not life or life shouldn't be like that. 157 00:09:27,640 --> 00:09:32,394 Well, unfortunately, most people are about to find out in the West, I guess. 158 00:09:32,804 --> 00:09:37,522 as we see more and more currencies hyperinflating, I mean, inflation is 159 00:09:37,522 --> 00:09:40,558 just a slow-mo version of hyperinflation. 160 00:09:41,074 --> 00:09:45,000 I mean, all the fiat currencies are on the same path and it's horrible. 161 00:09:45,336 --> 00:09:51,211 And you see these mainstream media outlets here, people calling, him far 162 00:09:51,211 --> 00:09:56,213 right extremist, that's, like everywhere, and they're calling him a mini Trump, 163 00:09:56,640 --> 00:10:02,117 they're calling him, an anti-abortionist They're calling him a climate denier, 164 00:10:02,127 --> 00:10:07,506 all of these things, and none of them seem, to focus on what's actually the 165 00:10:07,506 --> 00:10:11,115 pain in Argentina, which is the inflating currency, hyperinflating currency. 166 00:10:11,133 --> 00:10:13,906 Like these people are, are, this is not a game. 167 00:10:13,906 --> 00:10:17,533 they're, losing their livelihoods fast. 168 00:10:18,006 --> 00:10:23,301 and as you say, every month is worse So, so, but you know, mainstream media gets it 169 00:10:23,301 --> 00:10:28,466 wrong always, but in this case, it's just, borderlining vulgar to see them, call 170 00:10:28,466 --> 00:10:36,129 him, call him names No wonder he gets 56 percent because people are very tired of 171 00:10:36,129 --> 00:10:37,975 the, socialism, I guess, in the country. 172 00:10:38,278 --> 00:10:43,278 Of course, I mean, the young people that were born in the year 2000, 2003, 173 00:10:43,560 --> 00:10:46,151 they haven't experienced anything but inflation all throughout their lives. 174 00:10:46,574 --> 00:10:52,738 Argentina only had a like price stability from the year 92 till the end of 2001. 175 00:10:53,290 --> 00:10:57,746 there was like a sort of like a tether, like AUS CT that the government did. 176 00:10:57,964 --> 00:11:02,586 It was called convertibility, and what it meant was that in order to print a 177 00:11:02,586 --> 00:11:08,098 peso, the government had to have savings of $1, either in dollars or bonds of 178 00:11:08,098 --> 00:11:09,789 the United States in the Central bank. 179 00:11:10,210 --> 00:11:10,491 Right. 180 00:11:10,582 --> 00:11:13,282 And that allowed the government to print one peso. 181 00:11:13,506 --> 00:11:15,170 I should have one of those bills here. 182 00:11:15,778 --> 00:11:19,641 I like to always carry all bills of Argentina in my pocket 183 00:11:20,168 --> 00:11:22,859 because we've destroyed five different currencies so far. 184 00:11:23,605 --> 00:11:27,841 when we did this one, which is peso convertible, it says it there? 185 00:11:27,877 --> 00:11:28,423 Convertible. 186 00:11:29,091 --> 00:11:33,608 This was the only time that we had stability in Argentina. 187 00:11:34,097 --> 00:11:39,097 In total, we've taken out 13 zeros out of all the five different currencies. 188 00:11:39,682 --> 00:11:42,046 The history is a monetary disaster. 189 00:11:42,582 --> 00:11:45,330 I mean, the first time we killed a currency was in 1970. 190 00:11:46,249 --> 00:11:50,258 And we took out two zeros out of that, and it became this one, which 191 00:11:50,258 --> 00:11:56,490 is called Peso ley This one lasted 13 years until 1983, and we took 192 00:11:56,490 --> 00:11:58,181 out four zeros out of this one. 193 00:11:58,253 --> 00:12:02,624 So there were bills of one million pesos with this guy, and we took 194 00:12:02,624 --> 00:12:06,189 out four zeros, so 10, 000 of these became 1 peso argentino. 195 00:12:07,097 --> 00:12:12,534 An Argentine peso, and this one we destroyed in two years, from 83 to 85. 196 00:12:12,922 --> 00:12:17,286 So the whole country had to change currencies for only two years of life. 197 00:12:17,538 --> 00:12:23,639 And then, when I was born, they launched this one, which was called the Austral and 198 00:12:23,648 --> 00:12:25,203 at the beginning it was worth more than 1. 199 00:12:25,203 --> 00:12:28,812 Dollar So, 83 cents of this got you 1. 200 00:12:28,812 --> 00:12:35,207 dollar And seven years later, you needed 10, 000 Australs to get the same dollar. 201 00:12:35,607 --> 00:12:39,143 And when that exchange rate got to 10, 000 to 1, that's when 202 00:12:39,143 --> 00:12:41,011 they launched the convertible. 203 00:12:41,739 --> 00:12:42,511 The tenor, right? 204 00:12:42,931 --> 00:12:46,376 This one suddenly exploded at the end of 2001. 205 00:12:46,924 --> 00:12:49,415 Right now, I think I have one of these here. 206 00:12:49,415 --> 00:12:49,824 Let me see. 207 00:12:49,824 --> 00:12:53,954 1 1 dollar is 1, 000, right? 208 00:12:54,535 --> 00:12:57,454 And the highest denomination bill currently, I don't 209 00:12:57,617 --> 00:12:59,535 have it here, is 2, 000. 210 00:12:59,535 --> 00:13:01,850 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 The privacy by default, open source, non custodial Bitcoin 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 The show is also sponsored by Orange Pill App, 672 00:38:26,508 --> 00:38:29,838 the Bitcoin only social network where you can stack friends who stack sats. 673 00:38:30,458 --> 00:38:33,208 You can connect with your favorite Bitcoiners on the app, make local 674 00:38:33,208 --> 00:38:36,298 connections, and even connect with Bitcoiners around the world. 675 00:38:36,888 --> 00:38:39,218 You can see what's going on in your local area and connect 676 00:38:39,218 --> 00:38:40,468 with Bitcoiners around you. 677 00:38:40,628 --> 00:38:43,498 I've been to multiple events organized on Orange Pill App, and they brought 678 00:38:43,658 --> 00:38:45,368 Bitcoiners together from all over. 679 00:38:45,633 --> 00:38:48,343 And now with group chat, it's easier than ever to stay in touch 680 00:38:48,343 --> 00:38:49,803 with all of your Bitcoin friends. 681 00:38:50,298 --> 00:38:53,898 The best part is that you know it's high signal, there's no spam on OrangePillApp 682 00:38:53,928 --> 00:38:55,428 because everyone pays to be there. 683 00:38:55,757 --> 00:38:58,747 So download OrangePillApp on Apple or Android, send me or Knut 684 00:38:58,747 --> 00:39:01,967 a DM, and start building your local network of Bitcoiners today. 685 00:39:02,231 --> 00:39:03,831 Next up, The Bitcoin Way. 686 00:39:04,361 --> 00:39:07,671 Their mission is to onboard, educate, and remove barriers to 687 00:39:07,671 --> 00:39:09,281 taking self custody of your bitcoin. 688 00:39:09,831 --> 00:39:14,141 They cover everything from cold wallets to nodes, no KYC bitcoin purchases, 689 00:39:14,191 --> 00:39:16,621 inheritance planning, payments, and more. 690 00:39:17,151 --> 00:39:19,961 Whether you're new to bitcoin or you're an experienced bitcoiner looking to 691 00:39:19,971 --> 00:39:23,841 expand your freedom footprint, Or you know someone who this sounds perfect for? 692 00:39:24,201 --> 00:39:26,121 The Bitcoin Way has something for you. 693 00:39:26,761 --> 00:39:30,281 They have a skilled team, well versed in the Bitcoin space, and their goal is to 694 00:39:30,281 --> 00:39:34,171 make all the complexities of Bitcoin as straightforward as possible for everyone. 695 00:39:34,731 --> 00:39:37,231 And the best part is you can get started with a free 30 696 00:39:37,231 --> 00:39:38,411 minute call with their team. 697 00:39:38,931 --> 00:39:40,471 Go to thebitcoinway. 698 00:39:40,491 --> 00:39:42,701 com slash contact for more info. 699 00:39:43,302 --> 00:39:45,202 Our newest sponsor is Geyser. 700 00:39:45,532 --> 00:39:48,422 They are the portal to the creator economy on Bitcoin. 701 00:39:49,122 --> 00:39:52,842 On Geyser, creators can monetize their work through their communities 702 00:39:52,872 --> 00:39:54,492 in a social and engaging way. 703 00:39:54,872 --> 00:39:57,662 And supporters can send sats to their favorite projects. 704 00:39:58,109 --> 00:40:01,409 Geyser has also recently integrated with Zapps and Podcasting 2. 705 00:40:01,409 --> 00:40:01,869 0. 706 00:40:02,219 --> 00:40:05,769 So every Zapp sent to a Geyser address shows up on the Geyser page. 707 00:40:06,529 --> 00:40:07,989 We have a Geyser fund ourselves. 708 00:40:07,999 --> 00:40:10,159 It's the best way to support our show directly with Bitcoin. 709 00:40:11,169 --> 00:40:15,029 So whether you're a creator or a supporter, check out geyser at geyser. 710 00:40:15,029 --> 00:40:15,929 fund today. 711 00:40:15,972 --> 00:40:19,181 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.