Bitcoin-friendly Javier Milei wins Argentina presidential election

Cointelegraph
Cointelegraph

20 Nov 2023 1:35 AM

The pro-Bitcoin and anti-central bank Javier Milei won Argentina’s presidential election recording 55% of the votes against rival Sergio Massa, the country's minister of economy....

  • Javier Milei, a Bitcoin-friendly candidate, won Argentina's presidential run-off election with over 55% of the votes and a 3 million vote lead.
  • Milei has been critical of Argentina's central bank and its role in the country's inflation crisis.
  • He sees Bitcoin as a movement towards returning money to the private sector but has not indicated any plans to make it legal tender.
  • Sergio Massa, Milei's opponent, has different views and pledged to launch a central bank digital currency (CBDC) to address inflation.

The sentiment in the article is mixed. Javier Milei's victory is presented as a positive outcome for Bitcoin enthusiasts, but there is also mention of Argentina's inflation crisis, which suggests a negative sentiment towards the country's economic situation.

Go to publisher site

You May Ask

Who won Argentina's presidential run-off election?What is Javier Milei's stance on Argentina's central bank?Does Milei support making Bitcoin legal tender in Argentina?What is Sergio Massa's plan to address Argentina's inflation crisis?How has Argentina's inflation rate changed in the last 12 months?

Suggested Reads