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For the politician, “the market shows that financial freedom is the way.”
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Marra highlighted El Salvador’s decision to incorporate Bitcoin into its reserves. state.
Ramiro Marra, one of the members of the Council of Economic Advisors of the president of Argentina, Javier Milei, celebrated that bitcoin (BTC) broke the $80,000 barrier with a publication in his personal X account.
The economist and bitcoiner wrote: “While the bureaucrats continue to cling to their traditional currencies, the market shows that financial freedom is the way. (In Creole: Let them put their farting currencies in the ortho).”
Likewise, in another post, the representative of La Libertad Avanza (LLA) for the City of Buenos Aires, stood out El Salvador’s decision to incorporate the coin created by Satoshi Nakamoto to your reserves. “El Salvador has 5,702 BTC in its reserves. Very accurate and innovative strategic decision,” he commented.
As CriptoNoticias reported, Marra has expressed a position in favor of bitcoin and cryptocurrencies on repeated occasions. In fact, on November 5, he assured that BTC “is more than an investment” and added: “It is financial freedom and a way to protect our money from state manipulation. In a world where political power always tries to intervene, BTC is the currency of those who value independence.”
The legislator also recognizes that the importance of BTC and the cryptocurrencies for streamline transactions, reduce intermediaries and guarantee traceability.
Marra had celebrated in 2021, when BTC first reached the $35,000 barrier. “Not only for financial reasons, but mainly because any option that takes control of the currency away from a national government is good for a society.” In that sense, he added: “The future of society is technological, cryptographic and digital.”
Ramiro Marra, member of the Council of Economic Advisors to the president of Argentina. Source: Account of X by Ramiro Marra.
In 2023, in the middle of Javier Milei’s electoral campaign, the director of Bull Market Brokers had commented on his social networks that “if we dollarize, in my case I will choose to have assets that give me profitability, for example BTC, because that allows dollarization that you can do whatever you want in thousandths of seconds with your money.”
In relation to that post in X, it is worth remembering that the objective of president Javier Milei is to implement a monetary reform that includes the elimination of the Central Bank of the Argentine Republic (BCRA) of that country and the establishment of a regime of free currency competition, known as “dollarization.”
If it were to be implemented, both fiat money and BTC and other digital assets could be used freely as a medium of exchange. As long as the providers and demanders of the products and services so agree.
Unlike Marra, Milei He never defined himself as a bitcoiner but He did express himself on several occasions in favor of BTC.
Finally, it is important to clarify that almost a year after the beginning of his presidential term, financial entities that are under the regulatory orbit of the BCRA continue to be prohibited offer the purchase and sale of BTC and cryptocurrencies.
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