📣 Argentinians Elect a Pro-Bitcoin President

posted  20 Nov 2023
Photo - Argentinians Elect a Pro-Bitcoin President
Bitcoin advocate Javier Milei has secured victory in Argentina's presidential elections. Milei, a vocal critic of Argentina's central bank, blames its economic handling for the 140% annual inflation rate of the Argentine peso over the past year.

Although he hasn't explicitly declared plans to adopt BTC as legal tender, Milei pledges to introduce a Central Bank Digital Currency (CBDC).

Notably, his stance on China and Brazil diverges from his predecessor's. He has previously expressed plans to put a hold on economic relations with these nations.