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Plans unveiled by El Salvador's Bitcoin advisor for Argentina's Milei

Bitcoin: Plans unveiled by El Salvador's Bitcoin advisor for Argentina's Milei

Samson Mow, Bitcoin advisor to El Salvador’s President #Nayib Bukele, has outlined a strategic plan for incoming Argentinian President #Javier Milei, emphasizing a tailored approach to address the country’s economic challenges.

Mow advocates stabilizing inflation, transitioning to dollarization, and eventually integrating Bitcoin into Argentina’s national strategy. The CEO of JAN3 believes Bitcoin is a long-term solution to inflation and plans a meeting with Milei in Q1 2024. Mow expresses relief at the shelving of a central bank digital currency (#CBDC) for #Argentina, asserting it goes against principles of economic freedom. While Milei's official stance on Bitcoin is pending, signals suggest a positive outlook, with indications that #Bitcoin might play a role in the next libertarian government.

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