Nayib Bukele Clears ‘Team Bitcoin El Salvador’ To Visit Argentina: Max Keiser

Varinder Singh
November 20, 2023
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Bitcoin Price Eyes $120K But Only If It Clears This Level

Pro-Bitcoin presidential candidate Javier Milei has won the Argentina presidential run-off election, beating his opponent Sergio Massa. Several Bitcoin proponents including MicroStrategy’s Michael Saylor, BitMEX’s Arthur Hayes, and Elon Musk congratulated Milei on the victory. Max Keiser, Bitcoin advisor to El Salvador President Nayib Bukele, said the team is going to Argentina to discuss Bitcoin ambitions with Javier Milei.

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Nayib Bukele’s Bitcoin Team To Visit Argentina

Max Keiser on November 20 asked El Salvador President Nayib Bukele for an official visit of the Bitcoin team to Argentina. He added that the team will invite new President Javier Milei to “dine at the Presidential Palace here in El Salvador and talk about Bitcoin”.

In a succeeding post on X, Max Keiser revealed that President Nayib Bukele has cleared Team Bitcoin El Salvador to visit Argentina on a Bitcoin diplomatic mission of peace and economic freedom.

El Salvador already adopted Bitcoin as a legal tender to counter inflation and offers freedom to its people from central banks’ authority. The region of Latin America appears to be the first place where Bitcoin adoption on a national scale will begin.

Argentina’s new President Javier Milei had openly criticized the country’s central bank, denouncing it as a scam and a “mechanism through which politicians deceive the public with inflationary taxes.” He also views Bitcoin as a movement toward “restoring money to its original creator, the private sector”.

Also Read: Microsoft’s Satya Nadella Hires Sam Altman And Greg Brockman

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Bitcoin Kicks Up 3% After Javier Milei’s Win

BTC price rallied 3% and moved past $37,000 after Argentina elected Javier Milei as the country’s new President. The price is currently trading at $37,255, with a 24-hour high of $37,509.

With nearly 99% of the votes tallied, Milei secured over 55% of the votes, establishing a substantial lead of almost 3 million votes, as per Bloomberg data.

Max Keiser said Milei’s victory can start a rally towards $40,000. Trading volume has increase after the big event and indicates a further upside move in BTC price.

Also Read: Elon Musk Mocks Sam Altman And Greg Brockman After Microsoft Hires Them

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.