Bitcoin Is Becoming A Key Election Issue In Chile
The post Bitcoin Is Becoming A Key Election Issue In Chile appeared on BitcoinEthereumNews.com. Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s environmental and macro-economic implications have vaulted the cryptocurrency from a niche policy matter into the thick of Chile’s presidential race, with advisers to every major contender treating the asset—and the mining industry that underpins it—as a potential vote-winner rather than a liability. Bitcoin Emerges As A 2025 Election Issue In Chile New Zealand-based ClimateTech venture capitalist Daniel Batten told his followers on X that “Bitcoin is shaping as an election issue for Chile in 2025.” He added that after meetings on both sides of the aisle, no serious candidate now opposes the technology, because “being against Bitcoin is like being against the Internet: political suicide.” Behind Batten’s assessment stands a two-year, largely low-profile lobbying campaign led by Chilean software-engineer-turned-policy-advocate Andrés Villagrán. Since 2023 Villagrán has shepherded US strategist Dennis Porter, chief executive of the Satoshi Action Fund, through committee rooms in Santiago and regional capitals, pitching Bitcoin mining as an antidote to the country’s worsening renewable-energy curtailment problem. In a post on 18 May he reported “Great progress in Chile this week! Met w/ presidential candidates on Bitcoin & its role in clean energy/efficiency. Pushing for inclusion in programs.” Villagrán’s talking points resonate with legislators drafting a Strategic Bitcoin Reserve (SBR) bill—legislation that would authorise the Central Bank to hold Bitcoin alongside gold and foreign currency. “In 2023 I embarked on an incredible journey… meeting over 20 parliamentarians and several ministers,” he wrote earlier this year, stressing that additional sessions with the Ministry of Finance are planned for the second half of the year. Porter reinforced the message last week in a 40-minute keynote at the Chile Fintech Forum 2025, calling curtailment “a crisis” that wastes six terawatt-hours of solar and wind annually. “When you combine…
The post Bitcoin Is Becoming A Key Election Issue In Chile appeared on BitcoinEthereumNews.com.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s environmental and macro-economic implications have vaulted the cryptocurrency from a niche policy matter into the thick of Chile’s presidential race, with advisers to every major contender treating the asset—and the mining industry that underpins it—as a potential vote-winner rather than a liability. Bitcoin Emerges As A 2025 Election Issue In Chile New Zealand-based ClimateTech venture capitalist Daniel Batten told his followers on X that “Bitcoin is shaping as an election issue for Chile in 2025.” He added that after meetings on both sides of the aisle, no serious candidate now opposes the technology, because “being against Bitcoin is like being against the Internet: political suicide.” Behind Batten’s assessment stands a two-year, largely low-profile lobbying campaign led by Chilean software-engineer-turned-policy-advocate Andrés Villagrán. Since 2023 Villagrán has shepherded US strategist Dennis Porter, chief executive of the Satoshi Action Fund, through committee rooms in Santiago and regional capitals, pitching Bitcoin mining as an antidote to the country’s worsening renewable-energy curtailment problem. In a post on 18 May he reported “Great progress in Chile this week! Met w/ presidential candidates on Bitcoin & its role in clean energy/efficiency. Pushing for inclusion in programs.” Villagrán’s talking points resonate with legislators drafting a Strategic Bitcoin Reserve (SBR) bill—legislation that would authorise the Central Bank to hold Bitcoin alongside gold and foreign currency. “In 2023 I embarked on an incredible journey… meeting over 20 parliamentarians and several ministers,” he wrote earlier this year, stressing that additional sessions with the Ministry of Finance are planned for the second half of the year. Porter reinforced the message last week in a 40-minute keynote at the Chile Fintech Forum 2025, calling curtailment “a crisis” that wastes six terawatt-hours of solar and wind annually. “When you combine…
What's Your Reaction?
