With nearly 99 percent of the vote counted, Bitcoin supporter Javier Mealey won Argentina’s presidential election by more than 55 percent of the vote with a margin of nearly 3 million votes, according to Bloomberg.
Massa, the country’s economy minister, called Mealey to congratulate him on his victory after more than 90 percent of the votes were counted – before the first official results were announced. Milay will take office on December 10.
Bitcoin supporter economist Javier Milay wins Argentina’s presidential election
Argentina’s long-running inflation crisis has been a hot topic in the South American country, with the Argentine peso recording a 140% appreciation over the past 12 months.
Miley has been outspoken in his criticism of the country’s central bank, calling it a fraud and “a mechanism for politicians to cheat good people with an inflation tax.”
He called Bitcoin a move to “return money to its original creator, the private sector”