Argentina’s economy has been grappling with triple-digit inflation, prompting economist José Luis Espert, also known as “Milei,” to propose an alternative solution. While Milei holds a favorable attitude towards cryptocurrency, he does not advocate for Bitcoin’s use as legal tender, as recently implemented in El Salvador. Instead, Milei calls for the dollarization of Argentina’s economy. In this article, we explore Milei’s stance on cryptocurrency, his opposition to Bitcoin as legal tender, and his proposition for the dollarization of Argentina.
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