Pro-ArġentinaBitcoin Kandidat Presidenzjali Javier Milei Forzi Run-Off Elezzjoni

By Bitcoin Magazine - 6 months ago - Ħin tal-Qari: 2 minuti

Pro-ArġentinaBitcoin Kandidat Presidenzjali Javier Milei Forzi Run-Off Elezzjoni

In a surprising twist in Argentina's presidential election, pro-Bitcoin candidate Javier Gerardo Milei has emerged as a formidable contender, forcing a run-off election against current Economy Minister Sergio Massa after the first round of voting.

Javier Milei, a libertarian economist who has vowed to shut down the nation's central bank and expressed support for Bitcoin, managed to secure 31.2% of the vote, a remarkable achievement for a candidate with limited prior political exposure. 

Milei's passionate advocacy for economic reform have resonated with a significant portion of the electorate. In August, Milei won the most votes in the country's primary election, a fact owed to the nation's ongoing economic crisis.

In past remarks, Milei has said he will address Argentina's chronic economic woes, a message struck a chord with disillusioned voters. Argentina's annual inflation rate was 124.4% f’Awwissu, l-ogħla livell tagħha mill-1991.

Ir-run-off tal-elezzjoni li ġejja, ippjanata għad-19 ta’ Novembru, se tara lil Milei jiffaċċjaw kontra Sergio Massa, li kiseb 46.7% tal-voti fl-ewwel rawnd, iżda tilef il-limitu tal-maġġoranza meħtieġ biex jikseb ir-rebħa għal kollox. Sabiex jirbaħ għal kollox, kull kandidat kien ikollu bżonn jikseb 40% tal-voti, u jmexxi lill-avversarju politiku tiegħu b'10% tal-voti, minħabba r-regoli tal-elezzjoni.

The outcome of the run-off could have a profound impact on Argentina's economic policies and its role in the global cryptocurrency landscape.

Investors and crypto enthusiasts worldwide are closely watching this electoral showdown, anticipating its potential implications on the adoption of Bitcoin, and whether the nation could follow El Salvador's landmark legal tender law, which in 2021 made the cryptocurrency a payment method across the country.

Sors oriġinali: Bitcoin Magazine