{"id":14141,"date":"2023-11-20T08:45:52","date_gmt":"2023-11-20T08:45:52","guid":{"rendered":"https:\/\/cryptoheretostay.com\/?p=14141"},"modified":"2023-11-20T08:45:53","modified_gmt":"2023-11-20T08:45:53","slug":"bitcoin-friendly-javier-milei-wins-argentina-presidential-election","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=14141","title":{"rendered":"Bitcoin-friendly Javier Milei wins Argentina presidential election"},"content":{"rendered":"<script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script>\n<p>Argentina\u2019s Bitcoin (BTC)-friendly Javier Milei won the country\u2019s presidential run-off election on Nov. 19, beating out his opponent Sergio Massa.<\/p>\n<p>With almost 99% of the votes counted, Milei won over 55% of the votes, giving him a nearly 3-million-vote lead, according to Bloomberg data.<\/p>\n<p>Massa, the country\u2019s minister of economy, called Milei to congratulate him on the victory after more than 90% of the votes were counted \u2014 before the announcement of the first official results. Milei will take office on Dec. 10.<\/p>\n<p><em>With nearly 100% of the votes counted, Milei had an over-10-percentage-point lead over Massa. Source: Bloomberg<\/em><\/p>\n<p>Argentina\u2019s long-lasting inflation crisis has been a heated topic in the South American country, with the Argentine peso recording a 140% increase in annual inflation in the last 12 months.<\/p>\n<p>Milei has been vocal about his criticisms toward the country\u2019s central bank, referring to it as a scam and a \u201cmechanism by which politicians cheat the good people with inflationary tax.\u201d<\/p>\n<p>He\u2019s referred to Bitcoin as a movement toward \u201cthe return of money to its original creator, the private sector.\u201d<\/p>\n<p><strong><em>Related:<\/em><\/strong><strong> <\/strong><strong><em>Bitcoin price hits all-time highs across Argentina, Nigeria and Turkey <\/em><\/strong><\/p>\n<p>However, he has not signaled any intention to make Bitcoin legal tender in the country.<\/p>\n<p lang=\"es\" dir=\"ltr\">VIVA LA LIBERTAD CARAJO pic.twitter.com\/WzzzZaTcsz<\/p>\n<p>\u2014 Javier Milei (@JMilei) November 19, 2023<\/p>\n<p>Massa\u2019s views on the money, banking and cryptocurrency industries appear to be polar opposite to Milei\u2019s.<\/p>\n<p>In October, he pledged to launch a central bank digital currency (CBDC) if elected to \u201csolve\u201d Argentina\u2019s long-lasting inflation crisis.<\/p>\n<p>Massa\u00a0won the first round of Argentina\u2019s presidential election in October. However, it wasn\u2019t enough to win the presidency outright, triggering the final run-off vote.<\/p>\n<p>Prior to that, Milei\u00a0won Argentina\u2019s primary election against Massa and other candidates in August.<\/p>\n<p><strong><em>Magazine:\u00a0<\/em><\/strong><strong><em>Unstablecoins: Depegging, bank runs and other risks loom<\/em><\/strong><\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/javier-milei-wins-argentina-presidential-election\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Argentina\u2019s Bitcoin (BTC)-friendly Javier Milei won the country\u2019s presidential run-off election on Nov. 19, beating out his opponent Sergio Massa. With almost 99% of the votes counted, Milei won over 55% of the votes, giving him a nearly 3-million-vote lead, according to Bloomberg data. Massa, the country\u2019s minister of economy, called Milei to congratulate him [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14142,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[2],"tags":[],"class_list":["post-14141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/14141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14141"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/14141\/revisions"}],"predecessor-version":[{"id":14143,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/14141\/revisions\/14143"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/14142"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}