Similar to me and my friends: Our grandparents and parents all love to accumulate gold, but we no longer buy gold as a way to reserve wealth. We choose crypto, especially BTC to accumulate because it is simpler, more convenient to buy with smaller amounts, and has much higher profits than gold. We seem to have left gold behind as a part of the past.

In other words you live neither in Vietnam nor in China






..................

As far as I know, that is his nickname, not given to him by the media or by someone who hates him for his ideas. There is no doubt that he has very drastic ideas, but I also personally do not think that he can change his country with them, especially if it is publicly known from which country he is asking for help, and which was the first one he visited after becoming president (US).

Quote from: https://www.msn.com/en-us/news/other/el-loco-won-the-argentina-election-last-month-with-outlandish-ideas-now-he-s-backpedaling/ar-AA1l44Xh

President-elect Javier Milei, known by the nickname “El Loco” since he was a kid, rose from university professor to social-media celebrity, making his mark as an economic libertarian and social libertine.

No Lucius, please no
Msn? really?
Microsoft News?

Why do crypto people choose mainstream?
Do you think the elites love you?


El loco - The madman - is used by his enemies in order to defame him.
Nobody among his supporters call him that demeaning way.
So using that nickname you side with mainstream media - those who defame him.

There you go Lucius
It took me 2 minutes, and no, I won't translate it for you

President-elect Javier Milei, known by the nickname “El Loco” since he was a kid, rose from university professor to social-media celebrity, making his mark as an economic libertarian and social libertine.

"A social libertine" - "A libertine is a person devoid of most moral principles, a sense of responsibility, or sexual restraints, who sees these traits as unnecessary or undesirable"
Lucius, when you read that expression, didn't come up to you "Well maybe these people aren't 100% objective..."

Crypto people informing themselves about pro-BTC personalities from news organisations - mainstream media - that hate and openly defame them.
And then they wonder why the crypto community has betrayed Bitcoin's ideal

Considering the economic situation in that country, people simply like the change that has taken place, but it remains to be seen what the president will do during his mandate. As far as I know, his party does not have a majority and I don't know if he will be able to implement all the changes he wants, but time will tell if there will be positive changes or not.

Time will tell?
Time doesn't tell anything Lucius, it's us who need to search for infos.
It took me 5 minutes

............................................


That's why Argentinians love him.
Wait for Msn & Facebook to inform you about these achievements.

but I also personally do not think that he can change his country with them

No need to think Lucius, just say goodbye to Msn and Facebook, go to X and do a 5 minutes search.
The Milei administration is fixing the state budget, so Argentina's risk rating is decreasing.
That means their credit rating is increasing - and no, I'm not going to explain the benefits for the country of a credit rating upgrade.

There were some stories that "El Loco" is somewhat pro-BTC, but this is the first time I read that something concrete is happening in that direction

Some stories?
They are not "stories", they are facts. The proposal to de-tax cryptos is not a "story", is a fact.

Milei is the most prominent pro BTC political figure worldwide.
How is it possible that crypto people don't know how pro BTC is the president of a major country?
Oh yes, Msn and Facebook...


It took me 60 seconds
put "Milei" and "Bitcoin" in Seach and scroll down.
Bitcoin Magazine, V. Buterin was one of their founders.

Quote from: Peter90 on May 09, 2024, 11:35:06 PM

Quote from: ABCbits on May 09, 2024, 01:19:58 PM

Although it's a shame the article doesn't mention how they obtain the number/percentage, which makes me question it's accuracy.

Although it's a shame some people can't read
--snip---

You're right, i stand corrected. Anyway, their methodology looks rather complex and they even combine 16 different report/survey. So at very least, i don't think they're faking the number.

Thanks ABC
since the day I was heavily accused of spreading fake news I'm a little touchy when someone questions the accuracy of what I write.


About this Triple-A website
I'm not going to bet my mother over their figures but I find they crunch numbers more than most surveys/articles about the same subject (Countries With The Highest Rates Of Crypto Ownership) that I occasionally met in the past.
If you have something better about the subject, feel free to let us know.

Although it's a shame the article doesn't mention how they obtain the number/percentage, which makes me question it's accuracy.

Although it's a shame some people can't read




.............

This graphic ranks the top 10 countries by their rate of cryptocurrency ownership, which is the percentage of the population that owns crypto.
These figures come from crypto payment gateway, Triple-A, and are as of 2023.









Note that if we were to rank countries based on their actual number of crypto owners,
India would rank first at 93 million people,
China would rank second at 59 million people, and
the U.S. would rank third at 52 million people.


The UAE Takes the Top Spot

The United Arab Emirates (UAE) boasts the highest rates of crypto ownership globally. The country’s government is considered to be very crypto friendly, as described in Henley & Partners’ Crypto Wealth Report 2023:
In the UAE, the Financial Services Regulatory Authority (FSRA-ADGM) was the first to provide rules and regulations regarding cryptocurrency purchasing and selling.
The Emirates are generally very open to new technologies and have proposed zero taxes for crypto owners and businesses.


Vietnam leads Southeast Asia

According to the Crypto Council for Innovation, cryptocurrency holdings in Vietnam are also untaxed, making them an attractive asset.
Another reason for Vietnam’s high rates of ownership could be its large unbanked population (people without access to financial services).

zerohedge.com





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