Ledn Co-Founder Mauricio Di Bartolomeo States Crypto Will Be a Determinant Factor on Latam Elections: ‘People Want Bitcoin’

CN
1 year ago

Mauricio Di Bartolomeo, co-founder and CSO of Ledn, a Canada-based crypto lending platform, has predicted that the next election cycle in Latam will be heavily influenced by bitcoin and the search for better money. Di Bartolomeo, who has over six years of experience in the industry, was also part of the incipient crypto movement in Venezuela, giving him a different look at what bitcoin means for these markets.

In a recent interview with Bitcoin News, Di Bartolomeo highlighted that presidents like Nayib Bukele in El Salvador, who ran on a pro-bitcoin platform; and Javier Milei in Argentina, who promotes better money initiatives and the elimination of central banks, are swaying voters from other countries to also support candidates with similar proposals.

Di Bartolomeo stated:

The people in Guatemala and Nicaragua that watched the transformation of El Salvador want their economies transformed as well. If the Bitcoin formula worked for El Salvador and Argentina, why not try it?

Bukele combined his zero-tolerance security policies alongside the acceptance of bitcoin as legal tender to bring the spotlight to the nation and spur a recovery in tourism. This allowed him to be reelected by a landslide and continue to further its bitcoin agenda.

Milei, on the other hand, has recently referred to bitcoin as part of a currency competition in Argentina, and his economic policies have taken the country to register zero inflation in the third week of June. This would be the first time this has happened in 30 years.

For Di Bartolomeo, these are all signs that point out that bitcoin, like in the U.S. election, will play a relevant role in Latam ballots from now on. “The message is clear. People want Bitcoin. They want better money, and they will elect politicians that stand for it,” he stressed.

The situation in Venezuela after the recent bitcoin mining ban is also relevant. Di Bartolomeo estimates that Venezuela might become a bitcoin mining powerhouse if there is a government change. Polls are giving the candidate Edmundo Gonzalez, who is a proxy candidate to the opposition leader Maria Corina Machado, who was barred from participating in the election, a 6:1 advantage over Maduro.

He assessed:

Venezuela gaining back freedom could be a wildcard not just for bitcoin and crypto, but for the region at large.

Venezuela’s crypto activity has been stopped by Maduro’s administration after detecting the participation of Sunacrip, the Venezuelan crypto watchdog, in a corruption scheme that involved undeclared sales of oil for cryptocurrency. However, a new government might deal with crypto differently, integrating it into the strategic development of an oil-rich country seeking to add more value to its energy resources, Di Bartolomeo concluded.

To follow all the latest developments in crypto and the economy in Latin America, sign up for our Latam Insights newsletter below.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

ad
出入金首选欧易,注册立返20%
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink