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% in August, its highest level since 1991.
The upcoming run-off election, slated for November
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