Argentina’s Milei, So Far Shunning Bitcoin, Devalues Peso by More Than 50%
The government’s official rate is now 800 pesos to the dollar versus roughly 400 previously.
The government’s official rate is now 800 pesos to the dollar versus roughly 400 previously.
The self-described anarcho-capitalist has been supportive of bitcoin, calling it “the return of money to its original creator, the private sector.”
Milei has called for “dollarization” the country’s economy and abolishing the central bank.