CandleFocus Latam Insights Encore: Bukele Might Orange-Pill Milei on Bitcoin
2024-10-08
Author: Content Editor
The article discusses the possibility of Argentina subscribing to El Salvador's bitcoin agenda following President Nayib Bukele's visit to the country. While there was no public disclosure of talks between Bukele and President Milei regarding bitcoin, Vice President Victoria Villarruel's interest in cryptocurrency suggests a potential shift in cryptocurrency policy. President Milei's anti-debt and anti-central bank stance aligns with bitcoin's libertarian proposal, and he has previously stated that bitcoin could be included in Argentina's multi-currency environment. However, Argentina's debt to the International Monetary Fund and El Salvador's challenges with the IMF may hinder the adoption of crypto-friendly policies. The article concludes by asking readers for their thoughts on Argentina becoming a more crypto-friendly country.
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