Diksia.com - Javier Milei, a libertarian candidate who advocates abolishing central banks and supports bitcoin (BTC), wins Argentina’s first presidential election.
With 90 percent of the votes counted, Milei from La Libertad Avanza party got 30.5 percent of the votes versus the candidates from Juntos por el Cambio and Unidos por la Patria, who got 28 percent and 27 percent, respectively.
Pre-election polls suggest Milei will not finish above third place in Argentina’s first round.
“Central banks are frauds, a mechanism politicians use to fool good people with inflation taxes,” Milei previously said in reference to the central bank, quoted from CoinDesk, Tuesday (08/15/2023).
Regarding Bitcoin, he said that it represents a return to money from its original creator, the private sector. While Milei has good stance on cryptocurrencies, he does not advocate using bitcoin as legal tender in Argentina, as is the case in El Salvador. Instead, Milei called for the economy, which is currently struggling with triple-digit inflation, to be dollarized.
With no candidate likely to get more than 45 percent in the opinion polls today, October will see general elections between the winners of both parties. If nobody reaches 45 percent in this vote, the last round of voting will take place in November.
According to many media, the crypto millionaire Fernando Algaba had previously been killed, and a group of children found a suitcase by the river that contained various parts of the millionaire’s body.
According to many Argentine media, Algaba received threatening messages a week before his body was found. Algaba receives a threatening voice message in which the caller says they are going to kill Algaba.
“I’m going to kill you, I’m going to do something worse to you. I will cut off your hands so you have no more money in your life,” read the message from Algaba, quoted from Coinmarketcap, Monday (07/31/2023).
While playing near the riverbank, a group of children discover a suitcase full of human hands and feet. Buenos Aires police identified the body parts found as belonging to Algaba, a 41-year-old cryptocurrency influencer and entrepreneur who went missing on July 18.
A report reveals that Algaba’s head is found floating downstream in a backpack a few days later.
Police found that Algaba had been shot three times and had his limbs “cleaned,” which only experienced criminals could do. Officials arrested one person in connection with the alleged murder.
Algaba is suspected of having accumulated bad debts with the Argentine tax authorities and of being associated with the Barra Bravas gang, who claim he owes USD 40,000 or the equivalent of IDR 603 million (at an exchange rate of IDR 15,095 per US dollar) . He is also said to owe Iglesias’ son $70,000, which he tried to get from Algaba.
This isn’t the first time a crypto millionaire has been kidnapped and brutally murdered. Previously, TheCoinRepublic reported on June 2, 2023 that John Forsyth, a “Bitcoin billionaire,” was found dead in the Northwest region of Arkansas and the founder of Onfocoin went missing on May 21.
The Forsyth family reported him missing that same day. An investigation was launched following the complaint, during which police and other relevant authorities found several important items, including a car, wallet, passport, driver’s license, briefcase and other items.
