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Argentina's New President: A Victory for Crypto Enthusiasts, But at What Cost?

Argentina's New President: A Victory for Crypto Enthusiasts, But at What Cost?

CointimeCointime2023/11/20 18:18
By:Cointime

While crypto enthusiasts are celebrating Javier Milei's victory in Argentina's general elections, it is important to note that his economic experimentation may cause economic hardship for many Argentines. Milei's political platform is not expected to include Bitcoin in the near future, as he has other pressing issues to address and cannot afford to anger the IMF. Despite this, the growing interest in Bitcoin in Argentina is likely to continue due to currency turmoil and inflation. While Milei's win is positive, it should not be viewed as solely a victory for Bitcoin or freedom, as his policies may have larger consequences.

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