😱🚀Elon Musk predicts Argentina will prosper with new pro-Bitcoin president
After Bitcoin (BTC)-friendly elected president Javier Milei won the vote in Argentina, Tesla (NASDAQ: TSLA) CEO Elon Musk praised his victory as the beginning of a period of prosperity for the Latin American country, which is suffering from massive inflation and currency volatility.
Specifically, after Milei, who describes himself as a Bitcoin-supporting anarcho-capitalist, won more than 55% of the vote in the runoff presidential election, Musk commented on X profile End Wokeness's post: " Prosperity is ahead for Argentina," the entrepreneur said in a statement on November 20. Milei's pro-Bitcoin stance
Indeed, the new president of Argentina, although he has not yet made a specific statement, quite loudly expresses his positive views on the flagship decentralized finance ( DeFi ) asset, which he believes provides "the return of money to the private sector, its original creator". he plans to put it out to legal tender.
While discussing Bitcoin earlier this year, Milei expressed a very negative opinion about central banks, calling them fraud and calling for the dismissal of the Argentine central bank and the dollarization of the economy, which reached an inflation rate of 142% in October. #BTC #binance #elonmusk
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