Pro-Bitcoin Candidate Leads Argentina’s Presidential Election


The Libertarian Candidate Javier Mileiwho came out in favor of eliminating the central bank and spoke enthusiastically about bitcoin (BTC), won the presidential election primary in Argentina.

Javier Milei wins the primary of the presidential elections in Argentina

After counting just over 90% of the ballots, Javier Milei, the party’s candidate “La Libertad Avanza” (Freedom Advance), got 30.5% votes against the candidates of “Juntos for el Cambio“(Together for Change) and”United for the Patria” (United for the Fatherland), which collected respectively 28% And 27% voices.

It seems particularly important to stress that the result of this election is a major surprise for the country, given that pre-election polls indicated that Javier Milei would not come higher than third place in today’s poll. today.

The libertarian candidate already enjoys a certain notoriety from some investors close to the crypto sector due to his multiple pro-Bitcoin statements. On this subject, Javier Milei had previously announced:

“The central bank is a scam, a mechanism by which politicians deceive the common people with an inflationary tax. With regard to Bitcoin, the latter represents the return of money to its original creator, namely the private sector. »

Despite having adopted an extremely encouraging attitude towards the crypto ecosystem, Milei did not advocate for the use of Bitcoin as legal tender in Argentinalike the salvador directed by the famous Nayib Bukele.

As a reminder, the salvador is the first country in the world to have adopted Bitcoin (BTC) as legal tender in its territory, in particular in order to promote financial inclusion and foster the country’s economic growth. Moreover, the president of El Salvador had previously affirmed his determination to make his country a pioneer in the field of Bitcoin (BTC).

Instead of that, Javier Milei called for a local economy dollarization process, which is currently facing a three-digit inflation rate. No candidate being likely to obtain more than 45% in today’s polls, a general election between the winners of each party will be held in October. If none of the candidates obtains 45% of votesa second round will take place in November.

Source : Coindesk





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