Javier Milei, the new president-elect of Argentina, triumphed in the latest presidential elections thanks to his libertarian beliefs and faith in the doctrine of Austrian Economics. Argentina is in a state of rampant inflation, which has reached a staggering 142.7%, according to the Instituto Nacional de Estadística y Censos.
His electoral success also came as a result of his Bitcoin sentiments. The Argentina Bitcoin adoption possibility comes amid Argentine peso reaching an all-time high against Bitcoin.
Milei is a proponent of free markets and limited government intervention, and he has called for the elimination of Argentina’s Central Bank.
In the face of economic…
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