I mean i still am. The poverty and ridiculous inflation has already been happening. Unemployment is staggering. They are not doing well :<. I feel for the people.
I think his rationale is to take away monetary control from future administrations, which I think is a laudable goal. Argentina should be the richest country in South America, but its people keep getting robbed by the printing press. I wonder if going to a gold standard (or if they feel like rolling the dice, a Bitcoin standard) would be a better option.
(Cue the anti-crypto arguments because I mentioned Bitcoin)
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.
