Fun

News Feed - 2023-08-14 03:08:06

Jesse Coghlan17 hours agoBitcoin-friendly Javier Milei wins most votes in Argentina primary electionArgentine presidential hopeful Javier Milei — a pro-Bitcoin, anti-central bank libertarian — has won a majority of the votes in a primary election.7270 Total views134 Total sharesListen to article 0:00NewsJoin us on social networksAn Argentine politician, who has previously spoken positively about Bitcoin (BTC) and called for the abolishment of his country’s central bank, has taken the lead in the country’s presidential open primary elections.


With over 90% of the votes counted, libertarian pro-Bitcoin candidate Javier Milei is leading with nearly 32%. He is trailed by the conservative Together for Change (Juntos por el Cambio) party, with just under 30%, according to Bloomberg data.


Meanwhile, the left-wing Union for the Homeland (Unión por la Patria) coalition — the incumbent government’s group — is third with just over 28.5% of the vote.


The primary elections determine the final candidates for a presidential ballot which is set for October. The results can be seen as an early gauge ahead of the general election.Libertarian and pro-#bitcoin candidate, Javier Milei, has taken a commanding lead in the Argentinian primary elections. pic.twitter.com/65XQeIVJth— Peter McCormack‍☠️ (@PeterMcCormack) August 14, 2023


Milei founded and leads the Liberty Advances (La Libertad Avanza) coalition, whose views have been described as anywhere between libertarian and far-right.


Milei calls himself an anarcho-capitalist, has rallied for Argentina’s central bank to be abolished, calling it a scam, and has said human organ sales are “just another market.”


Related:Argentine agency opens investigation into Worldcoin over biometric data


He has said Bitcoin is a reaction against “central bank scammers” and claimed fiat currency allows politicians to scam Argentines with inflation.Javier Milei is running for President of Argentina.

He appears to understand money, and that inflation is an unfair mechanism that advantages elites over the people and slowly robs people of their means of survival. pic.twitter.com/tj0KEztUzI— Alex Stanczyk ∞/21m (@alexstanczyk) January 5, 2023


Such rhetoric has proven popular with Argentina’s voters, who face an annual inflation rate of 116% — the worst in over three decades, adding to the country’s cost of living crisis.


Argentina’s general presidential election will be held on Oct. 22. If no candidate secures at least 45% of votes, a run-off election will be held in November.


Update (Aug. 14, 11:02 pm UTC): This article has been updated to add an explainer of the primary election, and a more accurate description of Javier Milei"s stance towards Bitcoin.


Magazine:Should you ‘orange pill’ children? The case for Bitcoin kids books# Bitcoin# Argentina# Politics# Voting# South America# RegulationAdd reactionAdd reactionRelated NewsWhat is an atomic swap, and how does it work?An ETF will bring a revolution for Bitcoin and other cryptocurrenciesCrypto adoption crosses party lines amid Washington’s political deadlock

News Feed

Brayden Lindrea8 hours agoLightning Labs releases Taproot Assets alpha, bringing stablecoins to BitcoinTaproot Assets is “how we bitcoinize the dollar and the world’s financial assets,” says Ryan Gentry, director o
Trade Minister Expects Russia to Legalize Cryptocurrency
Trade Minister Expects Russia to Legalize Cryptocurrency Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this wil
Undervalued Metaverse Project Mars4 Is Preparing for New Releases
Undervalued Metaverse Project Mars4 Is Preparing for New Releases sponsored In the crypto industry, investors are always on the search for undervalued projects that have the greates
Zhiyuan Sun5 hours agoEuropean digital asset manager CoinShares’ revenue up 33% in Q2Proprietary trading activities contributed heavily to the revenue increase.640 Total views13 Total sharesListen to article 0:00NewsJo
Trading on crypto exchanges fell for 3rd month straight in June: CCData
Tom Mitchelhill7 hours agoTrading on crypto exchanges fell for 3rd month straight in June: CCDataCombined spot and derivatives volumes on centralized crypto exchanges fell 21.8% in June as crypto exchanges continued to t
Solana Investors Stay Firm As Selling Pressure Eases – Details
Este artículo también está disponible en español. Solana (SOL) has been in the news over the last few weeks, albeit for different reasons. The popular altcoin was one of
Technical Analysis: DAI Overtakes Cosmos, as Warner Deal Sends the Sandbox Higher
Technical Analysis: DAI Overtakes Cosmos, as Warner Deal Sends the Sandbox Higher The price of cosmos (ATOM) continued to decline on Thursday, while sandbox rallied following its p
Total Value Locked Across Multiple Defi Chains Nears $200 Billion — Ethereum’s TVL Dominance 69%
Total Value Locked Across Multiple Defi Chains Nears $200 Billion — Ethereum"s TVL Dominance 69% While the crypto economy has seen a decent uptick in performance during the first
As LUNA’s Price Drops Over 33% in 24 Hours, Stablecoin UST Slips Below $1 Parity to $0.93
As LUNA"s Price Drops Over 33% in 24 Hours, Stablecoin UST Slips Below $1 Parity to $0.93 As bitcoin dropped to fresh new lows on Monday, the price of terra (LUNA) slid by 33.3% du
Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Fall Lower Against USD
Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Fall Lower Against USD Cryptocurrency markets were trading lower for a second consecutive session, leaving bitcoin and ethereu
NASA Partners With Epic Games to Create a Martian Metaverse Simulation
NASA Partners With Epic Games to Create a Martian Metaverse Simulation NASA, the U.S. space agency, has partnered with Epic Games, the company behind Fortnite, to build a challenge
The SEC Has Rejected Every Bitcoin ETF. This Firm Thinks It Has a Solution
One company thinks it knows how to get a bitcoin exchange-traded fund (ETF) approved by U.S. regulators. Wilshire Phoenix, a relatively young financial firm in New York, filed to la