Argentina decided to play a wild card in its presidential election, bringing outsider Javier Milei to the big chair. Milei is an anarcho-capitalist who’s just clinched the presidency with a whopping 55% of the votes. 🇦🇷
Now, here’s where it gets juicy for the crypto crowd. Milei is a big fan of Bitcoin – like, “write love songs about it” level of fandom. He’s all about decentralized finance (DeFi) and isn’t shy about throwing shade at central banks.
But let’s not get ahead of ourselves. Milei hasn’t exactly rolled out the red carpet for Bitcoin as legal tender in Argentina. However, his game plan of giving central banks the cold shoulder and cozying up to decentralized financial systems has given Bitcoin a serious adrenaline rush.
Let’s see if Milei’s presidency turns into a crypto success story. 📓