President Javier Milei took to social media to re-explain the currency plans for Argentina. Answering a post mentioning bitcoin, Milei stated that anyone wishing to use bitcoin will be able to do so, given that there will be currency competition in the country. “You can also use other units such as WTI, BTU, and the one most appropriate for your business,” he stressed. To conclude, Milei stated that accounting problems derived from this regime can be easily solved using the functional currency model. Before, Milei had revealed plans to penalize currency issuance with jail time and dollarize the Argentine economy, one of his banner proposals during his campaign.

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