LIVEJavier Miley: “Those who block free markets and competition will face poverty”
In his speech at the World Economic Forum, Javier Milei expressed support for innovation related to the development of promising digital technologies, blockchain and crypto assets.
“Increasing regulation creates a downward spiral until we are all poor and our entire lives depend on a bureaucrat sitting in a posh office somewhere,” he said.
Miley drew the attention of forum participants to the fact that the active introduction of digital assets into economic life leads to a significant transformation of the outdated banking system and the role of central banks, which may lose their position as a center for issuing funds.
“Don't let anyone tell you that your ambitions are immoral. If you make money, it's because you contribute to the general welfare by offering the best product at the best price. You are the real protagonists of this story. Rest assured, starting today, you can count on Argentina as an unconditional ally,” Milai said.
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