Announcement of the presidential election results in Argentina
Bitcoin value increased by three percent
Simultaneously with the announcement of the presidential election results in Argentina, the value of Bitcoin has increased by three percent
Javier Milli, the right-wing candidate, has won the second round of the presidential election in Argentina with approximately 56 percent of the votes
He is a supporter of Bitcoin and considers this cryptocurrency as a return to its original creator, the private sector
With the victory of Mr. Milli, the value of Bitcoin has strengthened since Monday afternoon
The price of each Bitcoin has now reached over $37,300
Mr. Milli had previously called the Central Bank of Argentina a fraudster, although he has not yet discussed legalizing this cryptocurrency
Mr. Milli is seeking to eliminate the Central Bank’s mechanism in a situation where the inflation rate for the past month was announced at 142 percent in October
Over two years ago, El Salvador became the world’s first country to recognize and legalize Bitcoin as a means of financial transactions for buying goods and services