“Argentina will be Bitcoin’s paradise,” says party candidate Javier Milei

From Javier Milei’s party, the candidate for Argentina’s 2023 election, Diana Mondino, said the country will soon become a bitcoin paradise.

The speech came in response to a publication on X, formerly Twitter, in which an excerpt from an interview with the presidential candidate was shown by an Argentine libertarian profile.

It is worth remembering that Javier Milei received 30% of the vote in the primaries of the Argentine elections, which shows that his ideas have popular support. He is an alternative to the current left-wing government of Cristina Kirchner’s UP party, as well as former President Mauricio Macri’s PRO party.

Javier Milei is candidate for the party’Freedom Progress“, and defends more economic freedom for his country. It is worth remembering that inflation in Argentina is one of the worst in the world, the second worst in South America, second only to Venezuela.

As a result, the country’s currency, the Argentine peso, has devalued considerably in recent years. Governments of Cristina Kirchner, Mauricio Macri and the current Alberto Fernandez have tried to contain the problem, but none have succeeded.

Deputy candidate in Javier Milei’s party says “Argentina will be Bitcoin paradise” if he becomes new president

Javier Milei called the Central Bank of Argentina a financial pyramid, a scam, and granted a recent interview to Clarin newspaper. After his controversial speech, he stated that Bitcoin is indeed a viable alternative for his country to face the current economic crisis.

With ideas similar to those of El Salvador’s President Nayib Bukele, Javier Milei intends, if elected, to lead Argentina towards a change in social and economic problems. The reforms go through the local currency, the Argentine Peso, which should lose space in its eventual government.

Recently, a presidential candidate in Ecuador, Fernando Villavicencio, was shot dead for advocating reforms in his country. For example, libertarian “Sal The Agorist” noted that Javier’s interview was dangerous for his current presidential candidacy, indicating that he could also face sabotage of his candidacy.

In response, Diana Mondino, candidate for deputy and accompanying Javier Milei’s candidacy for president, said that many have already tried, but that the candidate “has hair that works like a bulletproof helmet“. Moreover, she stated that Argentina will soon be one of the world’s benchmarks for bitcoin as a currency.

“They’ve already tried it, but your hair is like a bulletproof helmet. Argentina will soon be a Bitcoin paradise.”

They’ve already tried, but his hair is like a bulletproof helmet.

Argentina will soon be a Bitcoin paradise

—Diana Mondino (@DianaMondino) August 14, 2023

Is Javier Milei a libertarian?

Economist Javier Milei gained attention after leading a major campaign called the Freedom Tour. He gained support across the country, being the “third way” of the country, expressing an interest in escaping the polarization between Macri and Kirchner.

In recent years, many of Javier Milei’s interests have featured him as a libertarian candidate in the field of economics, drawing international attention to his speeches. In May 2023, Argentina’s then-deputy bitcoin lawyer criticized the central bank, saying the institution “is not legit”.

Among the criticisms of BCAR, Javier points out that inflation in Argentina is a tax that hits the poorest and deprives the population.

Despite his beliefs, some of the international media maintains that he holds far-right views, although his demeanor does not indicate his intention to run his country in an authoritarian and nationalistic manner. That’s because one of Milei’s plans is to dollarize the economy, that is, eliminate the national currency.

Argentina’s general election will take place on October 22, 2023, when Milei could become the first president to call himself a libertarian in South America.