Argentine President Javier Milei has generated great interest in the cryptocurrency field by calling himself "The first libertarian liberal president in history." His election has awakened emotions similar to those experienced when Donald Trump promised to validate the strategic role of Bitcoin in the world.
Milei has expressed his support for cryptocurrencies, considering them an alternative to state control and a means to avoid the concentration of power. In a conference, he emphasized that Bitcoin is a counterpart to the proposal to eliminate the central bank, and warned about the risks of state regulation, which can turn free market alternatives into unfair prohibitions.
Recently, at the "Meta Day Argentina" event, Milei reiterated his position, asking that cryptocurrencies be kept out of state control to avoid scams and concentration of power. He believes that cryptocurrencies allow individuals to use means of exchange that are autonomous from the central government, yet reliable.
In this sense, the president promises to implement a tax reform that will reduce national taxes by 90% and return tax autonomy to the provinces. Additionally, he plans to move forward with the closure of the central bank and allow the free use of cryptocurrencies, such as Bitcoin, in everyday transactions. This is part of his plan to encourage fiscal competition among provinces and attract investments.