![](\"https:\/\/s3.cointelegraph.com\/uploads\/2023-11\/d1333b8e-d8a4-461a-a65e-136f0c00b850.png\")
<\/p>\nArgentina’s Bitcoin (BTC)-friendly Javier Milei won the country\u2019s presidential run-off election on Nov. 19, beating out his opponent Sergio Massa.<\/p>\n
With almost 99% of the vote counted, Milei won over 55% of the votes with a nearly 3 million vote lead according to Bloomberg data.<\/p>\n
Massa, the country\u2019s minister of economy, called Milei to congratulate him on the victory after more than 90% of the votes were counted \u2014 before the announcement of the first official results. Milei will take office on December 10.<\/p>\n
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Argentina’s long-lasting inflation crisis has been a heated topic in the South American country, with the Argentine peso recording over a 140% increase in annual inflation in the last 12 months. <\/p>\n
Milei has been vocal about his criticisms toward the country\u2019s central bank, referring to it as a scam and a \u201cmechanism by which politicians cheat the good people with inflationary tax.\u201d <\/p>\n
He\u2019s referred to Bitcoin as a movement toward \u201cthe return of money to its original creator, the private sector.\u201d<\/p>\n