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Milei Advocates for Crypto Independence: ‘Don’t Let States Take Over’ Bitcoin.com 15 Nov 2024

Milei Advocates for Crypto Independence: ‘Don’t Let States Take Over’ 🇦🇷

cryptocurrency CBDCs Javier Milei Argentina Bitcoin

Argentine President Javier Milei has voiced strong support for maintaining cryptocurrency independence from state interference. He believes that private cryptocurrencies hold the potential to disrupt the traditional state control over currency.

Milei is firm on his stance against central bank digital currencies (CBDCs), asserting that their inclusion could undermine the foundational principles of cryptocurrency. The president’s viewpoint highlights the ongoing debate on the balance between state control and financial privacy and innovation.

This advocacy encourages discourse around the role of private cryptocurrencies in the global financial landscape, especially concerning the state’s monetary monopoly. His stance reflects a broader conversation on the ideological and practical aspects of integrating digital currencies with traditional financial systems.

Source: news.bitcoin.com ↗

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