Nayib Bukele’s Bitcoin Team To Visit Argentina
If you’re a Bitcoin enthusiast and have been following the activities in El Salvador, you’d be interested to know that Max Keiser requested for President Nayib Bukele to send the Bitcoin team to Argentina. Keiser also mentioned that they plan to invite the new President Javier Milei to dine at the Presidential Palace in El Salvador to discuss Bitcoin.
According to a recent post by Max Keiser, President Nayib Bukele has granted approval for Team Bitcoin El Salvador to visit Argentina for a mission aimed at promoting peace and economic freedom through Bitcoin adoption.
El Salvador’s decision to adopt Bitcoin as a legal tender has already demonstrated the country’s stance on countering inflation and granting freedom from central authorities. It appears that Latin America is set to become the first region to witness national-scale Bitcoin adoption.
Javier Milei, the newly elected President of Argentina, has openly criticized the country’s central bank and views Bitcoin as a movement towards restoring money to the private sector.
Bitcoin Kicks Up 3% After Javier Milei’s Win
Bitcoin’s price surged by 3% and exceeded the $37,000 mark following Javier Milei’s victory in the presidential election. The current trading price stands at $37,255, with a 24-hour high of $37,509.
Milei secured over 55% of the votes, garnering nearly 3 million more votes than his opponent, as per Bloomberg data. Max Keiser expressed his belief that Milei’s win could potentially trigger a rally towards the $40,000 mark.
Furthermore, increased trading volume following the election indicates a potential upward trend for Bitcoin’s price.
Hot Take: Bitcoin Continues to Make Inroads in National Policies
The recent developments in El Salvador and Argentina signify a growing embrace of Bitcoin at a national level. With Bitcoin being viewed as a solution to inflation and a symbol of economic freedom, it is poised to play a significant role in shaping policies and financial landscapes across various countries.
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