Bitcoin-friendly Javier Milei wins Argentina presidential election - Cointelegraph
( November 20, 2023; Cointelegraph )
Description: "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."
Argentina’s long-lasting inflation crisis has been a heated topic in the South American country, with the Argentine peso recording a 140% increase in annual inflation in the last 12 months... He’s referred to Bitcoin as a movement toward “the return of money to its original creator, the private sector.”
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And on Twitter, @justinsunsteemit retweeted a post suggesting that this might be good for USDT/trc20.
Read the rest from Cointelegraph: Bitcoin-friendly Javier Milei wins Argentina presidential election
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Esta es la mejor noticia que nosotros en Argentina estamos viviendo. el país ha sufrido mucho los ultimos 4 años y deseamos un cambio rotundo. Mejores oportunidades para los argentinos inversores en criptomonedas
What I don't quite understand about Milei's main proposal to eliminate the dollarized central bank is that by dollarizing the infringement is transferred to the internal bank of the USA, which is worse, because it is private.
I prefer it to be transferred to bitcoin than to the dollar.
Yeah, I don't understand that either. I don't know much about him, but from what little I know, I expected that he'd go for bitcoin before dollars.
As I understand it, initially before making a change to a cryptocurrency, you should rely on a hard currency, I think that is your strategy.
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