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Argentina's Milei backtracks on dollarization
(www.dw.com)
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How could such an odd choice benefit them?
Honest question.
Gold standard isn't an odd choice, it was used for many thousands of years. It's just odd today because no countries still use it.
And while a Bitcoin standard sounds crazy, if you lived in Argentina, you'd probably rather keep your savings in Bitcoin (despite all its problems) than in the peso.
I understand the other user's point is that repetition of this story is inevitable and any attempt is better.