Bitcoin friendly Javier Miley to become President of Argentina

Nov 20, 2023
According to Bloomberg, the politician Javier Miley won the presidential election in Argentina, gaining 56% against 44% of Massa.

Over the past weekend BTC was trading calmly, but by late Sunday evening began to grow against the background of news about a possible victory by Miles. Currently, Bitcoin has grown by 3% and reached the price of $37 thousand.

Earlier, Miley openly criticized the central bank for fraud. The politician stated that the cryptocurrency is the way to return money to its creators, the private sector. At the same time, Miley did not offer to make BTC a legal tender.

The politician calls for the country’s central bank to be liquidated and the Argentine economy to be de-dollarized, which reached an inflation rate of 142% in October.