The president of Argentina, Javier Mileihe has promoted this Saturday in the social network X a Token (tab or digital currency) of cryptocurrenciesarguing that It will help “encourage the growth of the Argentine economy“Then, he has eliminated it since the aforementioned Token works with Blockchain, a decentralized technology that allows transactions without the need for intermediaries.
“A few hours ago I published a tweet, like so many other infinite times, supporting an alleged private venture of which obviously I have no linkage“The president said, adding that” he was not internalized from the details of the project and after having internalized I decided not to continue disseminating him (that’s why I have erased the tweet). “
The Token, represented through the acronym $ Libra, was quickly indicated by economists as a possible scam since 80% of tokens are concentrated in just five wallets, as explained by the Argentine newspaper The nation.
The Argentine leader previously promoted him in a fixed tweet: “Liberal Argentina grows!!! This private project will be dedicated to encourage the growth of the Argentine economy, anchoring small companies and Argentine enterprises. The world wants to invest in Argentina. $ Libra, “Milei published, next to a project of the project in which the Token is promoted.
However, $ Libra is actually A meme cointerm that refers to a cryptocurrency created as a joke for entertainment or internet trends, and is characterized by lack of support in the real economy.
Although Milei later clarified that he was not linked to the project, criticism of the cryptocurrency industry They were overwhelmingwarning about the centralization and risks of this cryptoactive.
For example, a popular company that visualizes capital relations and flows between different cryptocurrencies, bubblemaps, warned about it: “Another presidential meme. 82% of $ Libra is maintained in a cluster. It is not shared tokenomic -economic structure Behind a Token-: merchand with caution“They shared on their social network X.
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