These Nations Are Eyeing To Make Bitcoin As Their Legal Tender Following El-Salvador

Coinpedia
Coinpedia

21 Nov 2023 8:43 AM

Crypto saw a new day when Pro-Bitcoin presidential candidate and a pro-Bitcoin enthusiasts Javier Milei won the Argentina presidential run-off election,...

  • Javier Milei, a pro-Bitcoin candidate, won the Argentina presidential run-off election, sparking speculation about Bitcoin becoming legal tender in Argentina and potentially other Latin American countries.
  • Max Keiser, a Bitcoin advisor to El Salvador President Nayib Bukele, expressed intentions to visit Argentina and discuss Bitcoin-related ambitions with Milei.
  • Milei has criticized Argentina's central bank and sees Bitcoin as a means to reinstate financial power in the private sector, similar to El Salvador's adoption of Bitcoin as legal tender.
  • Bitcoin surged over 3% following Milei's win, reaching over $37,000, with bullish projections suggesting a potential rally toward $40,000.

The overall sentiment in the article is positive, with excitement about the potential adoption of Bitcoin as legal tender in Argentina and other Latin American countries. The mention of Bitcoin's surge and bullish projections also adds to the positive sentiment.

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You May Ask

Who won the Argentina presidential run-off election?Which notable figures in the crypto sphere praised Milei's win?What is Max Keiser's intention regarding Argentina and Bitcoin?How did Bitcoin's price react to Milei's win?What is the potential impact of Latin American countries adopting Bitcoin as legal tender on the US SEC?

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