After Bitcoin (BTC) friendly president-elect Javier Milei won the ballot in Argentina, Tesla (NASDAQ: TSLA) CEO Elon Musk praised his victory as the beginning of a period of prosperity for the Latin American nation that has been suffering massive inflation and currency volatility.
Specifically, after Milei, the self-described anarcho-capitalist who supports Bitcoin, won over 55% of the votes in the run-off presidential election, Musk commented on the post by X profile End Wokeness, stating that “prosperity is ahead for Argentina,” in a remark the entrepreneur made on November 20.
Prosperity is ahead for Argentina
— Elon Musk (@elonmusk) November 19, 2023
Milei’s pro-Bitcoin stance
Indeed, the new Argentinian president has been very vocal about his positive views regarding the flagship decentralized finance (DeFi) asset, which he believes ushered “the return of money to its original creator, the private sector,” although he has not yet indicated specific plans to make it l
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