An Argentine politician, who supports Bitcoin (BTC) and calls for abolishing 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.
— 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.
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
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.