The
next
president
of
Argentina
will
be
Javier
Milei
as
his
opponent
Sergio
Massa
conceded
on
Sunday
evening,
saying
“Argentines
chose
another
path.”
With
roughly
87%
of
the
votes
counted,
Milei
has
56%
of
the
tally
versus
Massa’s
44%,
according
to
Bloomberg.
Trading
quietly
through
most
of
the
weekend,
bitcoin
(BTC)
began
rising
late
Sunday
afternoon
on
chatter
about
a
strong
showing
for
Milei.
Following
Massa’s
concession,
the
crypto
currently
is
higher
by
nearly
3%
over
the
past
24
hours
to
$37,350.
“We
have
to
understand
that
the
central
bank
is
a
scam,”
said
Milei
earlier
this
year
when
asked
about
bitcoin.
“What
bitcoin
is
representing,”
he
continued,
“is
the
return
of
money
to
its
original
creator,
the
private
sector.”
Milei
to
this
point,
however,
has
not
gone
as
far
as
proposing
making
bitcoin
legal
tender.
He’s
instead
calling
to
eliminate
the
country’s
central
bank
and
dollarizing
an
Argentine
economy
that’s
been
walloped
by
inflation
that
reached
142%
in
October.