2023-11-24 16:50 |
The challenge of replacing Argentina’s peso with the United States dollar (and potentially Bitcoin) will be great, but it’s not insurmountable. origin »
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Argentina has once again reached a breaking point, and the central bank has intervened to prop up a plunging peso despite new libertarian reforms. The crisis marks a sharp turn for those who briefly saw hope in President Javier Milei’s pro-market promises.
Charles Hoskinson, the founder of Cardano, a smart contract platform, is endorsing Argentina’s newly elected president, Javier Milei, describing the leader as “perfect” for navigating the Latin American country towards a crypto and blockchain future.
Pro-Bitcoin President-Elect Javier Milei has announced plans to dissolve Argentina’s Central Bank to combat the country’s economic crisis and inflationary pressures. Milei To Abolish Argentina’s Central Bank In a press release published by the Office of President Javier Milei on X (formerly Twitter), the administration declared that all official information regarding Milei’s future government […]
Javier Milei’s election as Argentina’s president has sparked intense debate within the Bitcoin community about the potential adoption of BTC as legal tender. Samson Mow, the CEO of Jan3 and a key player in nation-state Bitcoin adoption, has now offered an insightful analysis on this matter.
Javier Milei, who is well-known for his ardent advocacy of Bitcoin, became victorious in the run-off election for president of Argentina on November 19, surpassing his opponent Sergio Massa. The unexpectedly large margin of victory went to Milei, who rode a tide of voter resentment against the political establishment.
Could Javier Milei's campaign actually have revitalized the energy and determination of the incumbent system?