Will Milei adopt bitcoin as Argentina's official currency?

This misconception seems to stem from a meeting held last week with local regulators and the Director of the Crypto Active division from El Salvador, where they exchanged experiences and approaches. Several publications have incorrectly suggested that Milei intends to adopt bitcoin as Argentina's official currency, similar to El Salvador.

Will Argentina adopt bitcoin as legal tender?

Banks and payment service providers are still banned from offering any type of crypto services or products, which includes bitcoin. Given the current economic environment, including Milei's primary focus on dollarization and regulatory compliance, the prospect of Argentina adopting bitcoin as legal tender is unrealistic.

Is bitcoin a scam?

Media reports overemphasize fraud, hacks, and price crashes, deterring many Gen Zers from taking the time to understand Bitcoin. But the scandals and criminal activity associated with Bitcoin are not much different from those involving other currencies, such as the U.S. dollar.