Late Sunday night, it was confirmed that Bitcoin friendly candidate Javier Milei officially won Argentina’s presidential election, beating his opponent Sergio Massa by 2,786,457 votes. The new president will now take office on December 10. Bloomberg While Milei has not yet advocated for Bitcoin to be used as legal tender or to hold BTC as a reserve asset, he does has plans to scrape the Argentine peso and replace it with the US dollar. Last Monday, the Argentine peso saw its hyperinflation rise to 143% and growing, leaving the nation financially ruined and in desperate…
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Bitcoin Blockchain Is Fighting Fraud In Guatemala’s Presidential Elections
Bitcoin is helping secure the truthfulness of Guatemala’s election results. Thanks to OpenTimestamps, a tool created by bitcoin developer Peter Todd a few years ago, Guatemalan tech startup Simple Proof is able to safeguard key documents about the country’s presidential elections from fraud and tampering. Todd’s tool, which leverages hash functions and the bitcoin blockchain, is able to timestamp pieces of information and make it easier to spot attempts at fraud and manipulation. The idea of timestamping documents is fairly old. Individuals and societies have relied on this technique for…
Read MoreThe 2024 Presidential Election Could Make Or Break Bitcoin In The U.S.
This is an opinion editorial by Robert Hall, a content creator and small business owner. The race for the 2024 U.S. presidential election is starting to kick into gear, featuring some of the same cast of characters from the last few elections. On the Democratic side, you have Joe Biden, Robert F. Kennedy and Marianne Williamson suggesting they will run. Then, Former President Donald Trump, Nikki Haley, Ron DeSantis and Vivek Ramaswamy are on the other side of the aisle. If you have been following the race so far, you…
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