When Javier Milei took power in Argentina there was one group whose ears pricked up with interest: the global crypto bros. After all, here was a president who seemed perfectly aligned with their values. A lover of economic freedom who harbours a deep hatred for state regulations and government spending. Surely this ‘anarcho-capitalist’ was a fan of cryptocurrencies? Twitter filled with threads about why Milei’s election victory was a ‘big moment for Bitcoin’.
Once in power, however, he did not seem all that interested. That is until Friday, when he took to his X account to post about a new crypto coin that was ‘dedicated to boosting the growth of the Argentine economy by funding small businesses and entrepreneurs’.
Get Britain's best politics newsletters
Register to get The Spectator's insight and opinion straight to your inbox. You can then read two free articles each week.
Already a subscriber? Log in
Comments
Join the debate for just $5 for 3 months
Be part of the conversation with other Spectator readers by getting your first three months for $5.
UNLOCK ACCESS Just $5 for 3 monthsAlready a subscriber? Log in