Elon Musk Dons His MAGA Hat To Meet Pro-Bitcoin President Javier Milei: Duo Discuss Argentina’s Journey To Normalcy – Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

Milei is on the town to ship Argentina’s nationwide deal with to the United Nations Common Meeting on Tuesday.

Musk then proceeded to satisfy different folks in Milei’s entourage. Lastly, the tech czar posed with the president, giving a double thumbs up, a photograph-op much like one seen throughout their earlier assembly.

In line with presidential spokesperson Manuel Adorni, Musk and Milei talked a couple of vary of financial insurance policies launched by Argentina, together with deregulation and tax incentives like RIGI, geared toward boosting investments within the South American nation. The 2 additionally mentioned Argentina’s path to normality.

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Why It Issues: Musk and Milei previously connected on the sidelines of the twenty seventh annual Milken Institute International Convention in Might, after which the multibillionaire had famously stated, “I like to recommend investing in Argentina.” 

Earlier this month, Musk was all reward for Milei’s insurance policies in “restoring Argentina’s greatness.

A free-market proponent, Milei secured victory within the November elections after promising massive cuts in public spending to handle Argentina’s fiscal deficit and growing inflation. His libertarian stance can also be mirrored in his assist for Bitcoin BTC/USD, making him one of the only a few heads of state to overtly endorse the asset.

Nonetheless, the president has additionally confronted criticism for his austerity measures, with many taking to the streets to oppose his makes an attempt to halt the rise in pension spending.

Picture through Shutterstock

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