The president of Argentina, Javier Milei, expressed his opinion on cryptocurrencies during his participation in the 'Meta Day Argentina' event. Milei urged that states should not get involved in the management of cryptocurrencies, arguing that they have already defrauded citizens with traditional currencies. In his speech, he criticized central banks for what he called "the greatest scam of humanity."
"They should stay in the private sector. Go for cryptocurrencies, but do not allow the state to interfere because from there they will turn us into slaves," warned Milei. The Argentine president advocated for cryptocurrencies to remain in the private domain and emphasized that the technology behind them can break various historical monopolies.
At the event, the founder of Meta, Mark Zuckerberg, sent a video greeting to Milei, expressing his enthusiasm for bringing AI technology to more people in Argentina. Zuckerberg highlighted the importance of open-source technology to break down barriers and enable the advancement of artificial intelligence in society.
Milei emphasized that cryptocurrencies provide individuals with an alternative to the traditional system imposed by the central government. He criticized what he described as a "monopoly of truth" by journalists and highlighted the role that social media plays in giving voice to the people and challenging established narratives.
For Milei, his election as president was made possible thanks to the voice of the people through social media, despite lacking the support of traditional media. In his speech, he emphasized the importance of keeping control of cryptocurrencies in private hands to prevent potential abuses by the state.
