Argentine Politician Promotes Bitcoin and Calls for Abolishing Central Bank
An Argentine politician, Javier Milei, who is a proponent of Bitcoin (BTC) and a vocal advocate for abolishing his country’s central bank, is leading the presidential open primary elections with nearly 32% of the votes counted. The conservative Together for Change (Juntos por el Cambio) party is in second place with just under 30%, according to Bloomberg data. Meanwhile, the left-wing Union for the Homeland (Unión por la Patria) coalition, which is the incumbent government’s group, is in third place with 28.5% of the vote.
Milei is the founder and leader of the Liberty Advances (La Libertad Avanza) coalition, whose views have been described as ranging from libertarian to far-right. His pro-Bitcoin stance has been gaining traction in the crypto bear market, with the latest crypto news from Bloomberg covering the latest developments in the crypto currency market. With the increasing adoption of crypto currency in Nigeria, crypto crisis is becoming a major concern.
Bank of America is also keeping a close eye on the crypto market, as Artificial Intelligence (AI) is becoming a major player in the crypto space. Milei’s success in the open primary elections could be a sign of the matador effect of AI in the crypto market.
Milei’s Popular Rhetoric
Milei, an anarcho-capitalist, has been vocal in his criticism of Argentina’s central bank, calling it a scam, and has even gone so far as to suggest human organ sales are “just another market.” His views on the crypto bear market and the latest crypto currency have been well-received by Argentines, who are facing an annual inflation rate of 116%, the worst in over three decades, and a cost of living crisis.
It is no surprise that Milei’s rhetoric has been popular with Argentina’s voters, and his views on Bitcoin as a reaction against “central bank scammers” and the potential of fiat currency to be used to scam Argentines with inflation have been widely praised.
The general presidential election in Argentina is scheduled for October 22nd, and if no candidate secures at least 45% of the votes, a run-off election will take place in November. The outcome of the election could have a significant impact on the crypto currency and the AI no matador in the country.
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