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Market News

Pro-BTC Candidate Milei Leads Argentina’s Primary Election

Javier Milei is known for his bold statements against the central bank, calling it a scam.

Written By Gopal Solanky
Published August 14, 2023 10:49 AM
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Pro-BTC Candidate Milei Leads Argentina’s Primary Election

The potential presidential candidate Javier Milei is leading with the most votes in Argentina’s primary election. Javier is best known among the crypto community for his strong support of Bitcoin. 

According to the live results on Bloomberg, Milei is at the top with 31.58% votes on over 90% of voting tables, followed by Patricia Bullrich and Hiracio Rodriguez Larreta.

Milei has called for the abolishment of the country’s central bank in the past, claiming that politicians use these legal tenders to scam citizens. He emphasizes that Bitcoin is a natural reaction that puts money back into people’s hands.

Pro-Bitcoin & libertarian economist Javier Milei is leading in the first polls for the 2023 Argentinian presidential election.

👇 In the video below he believes that:

-The central bank is a scam controlled by politicians with inflationary taxes.

-Bitcoin represents the return… pic.twitter.com/WCynqLHXIo

— Sunny River (@sunnyriverr) August 14, 2023

The voters in Argentina are currently facing an annual inflation rate of 116%, the highest in the last three decades. Amid this, Milei’s stand on Bitcoin and the central bank could play a crucial role in making him a suitable leader to fight the crisis. 

However, it also comes to note that Milei has been sued for allegedly promoting a crypto Ponzi scheme in August 2022.

Also Read: Canada to Create Repository for Storing Crypto & NFT Seizures

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:ArgentinaBitcoin (BTC)
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