The people who are given the wrong power would only act with his/her opinion but won't look at it further, this is one of the bad traits of unworthy persons with power.
That's why their economy is a bad performer. It's hard to think of a country in South America that isn't lead by an imbecile inflicting more harm than good to an already struggling economy.
If you also add that most of these presidents are so corrupt that they mainly enrich themselves and their elite buddies, it isn't even a surprise anymore that their economies continue to go backwards instead of booking progress.
I don't believe this president at all. It has gone through one of the most pumpy bubbles in history and he has no clue about what Bitcoin is?
Fair point. The local volumes and the on-exchange volumes have seen a massive boost in the last 12 or so months. It's hard to imagine that the government isn't aware of the growing interest in crypto.