The second round of the presidential elections, held in the shadow of the economic crisis in Argentina, has concluded and the libertarian economist Javier MileiHe took the presidential seat by surpassing his rival Sergio Massa. Milei, who achieved victory by increasing the 30% vote rate she received in the first round in the second round, especially Bitcoin He draws attention with his radical views on the subject.
Bitcoin Prices Soar With Javier Milei’s Victory
After the election results were announced, there was a noticeable increase in Bitcoin prices. Bitcoin, which rose from 37 thousand dollars to 37 thousand 500 dollars in a short time, is seen as a reflection of Argentina’s new president’s positive approach to crypto currencies. Milei describes Bitcoin as having value independent of central bank influences and describes the cryptocurrency as a hedge against inflation.
Milei: BTC Can Revitalize Argentina’s Economy
During his election campaign, Javier Milei sees Bitcoin as a key enabler to revitalize Argentina’s economy. Milei, who opposes central bank policies, argues that Bitcoin is a tool that supports financial freedom. He also emphasizes that Bitcoin is an international asset that is not tied to any government or organization and can therefore strengthen the economy.
Milei’s statements in support of Bitcoin and his stance against politicians’ interference in financial freedom may herald a new era in cryptocurrency policies in Argentina. Under the presidency of Milei, who has a positive stance towards BTC and other cryptocurrencies, the steps Argentina will take in this field are a matter of curiosity.
Immediately after the election results were announced, a rapid increase was observed in the price of Bitcoin. In a short period of time, BTC price rose from $37,000 to $37,500. With the election of Javier Milei as president, policy changes towards BTC and cryptocurrencies are predicted in Argentina.