Bitcoin has become a crucial topic in Chile's upcoming 2025 presidential election, with all major candidates considering it a potential vote-winner.
Chilean software-engineer-turned-policy-advocate Andrés Villagrán has been leading a campaign to position Bitcoin mining as a solution to the country's renewable-energy curtailment issue.
Legislators are working on a Strategic Bitcoin Reserve (SBR) bill that would allow the Central Bank to hold Bitcoin as an asset alongside gold and foreign currency.
The debate around Bitcoin in Chile's election has shifted to framing it as a competitiveness and energy policy issue, rather than just a speculative asset.