Argentina’s plummeting economy has seen citizens turn to Bitcoin as a store of value. The legislature passes friendly laws as the pro-Bitcoin president has his hands full with the crisis.
Javier Milei has not voiced intent to adopt Bitcoin explicitly like El Salvador, but many of his policy positions naturally seem to lead in that direction.
Many are excited about the potential for a second Bitcoin President in Latin America, but there are reasons to be more skeptical and cautious before cheer leading.