The president of Argentina, Javier Milei, spoke about cryptocurrencies at a technology industry event. He highlighted that cryptocurrencies are breaking the historical monopoly on money that central banks have maintained.
Milei emphasized that central banks are "the biggest scam in history" and that cryptocurrencies offer a safe and reliable alternative for financial transactions. However, he warned that it is important for governments not to get involved in the regulation of cryptocurrencies, as this could limit their potential.
"Go for cryptocurrencies, but do not allow the State to get involved because from there they will turn us into slaves," added Milei in the speech. "Be very careful with that issue," he warned, concluding the thought.
The Argentine president also highlighted the importance of technology in breaking historical monopolies, such as the monopoly on currency and the monopoly on truth. He emphasized that technology allows people to have more control over their time and their money.
In summary, Milei supports the use of cryptocurrencies as a safe and reliable alternative for financial transactions, but warns that it is important for governments not to get involved in their regulation. He also highlights the importance of technology in breaking historical monopolies and giving people more control over their time and their money.