Logo
FinalLayer badge

How did President Javier Milei defend himself against criticism for promoting a cryptocurrency that led to investor losses?

President Milei responded by likening cryptocurrency investments to gambling, arguing that investors knowingly put their money at risk. He shifted responsibility to the investors, stating that if people chose to invest, then any resulting losses were their own fault, similar to gambling at a casino. Despite accusations, Milei denies actively promoting the Dollar Libra cryptocurrency, claiming he was merely sharing information about it. He maintains that investing was ultimately people's personal choice, and he bears no responsibility for their decisions to invest in the volatile currency that subsequently crashed.

LogoClipped by eric_smith with FinalLayer

People also ask

Javier Milei economic policy Argentina
Milei investment deregulation policies
Argentina president defends free market risks
Javier Milei libertarian economic reforms
Milei responds to investment criticism Argentina

TRANSCRIPT

Load full transcript

Transcript available and will appear here
Not in clip
0
thumbnail
02:16

From

Javier Milei Defends Investment Risks

BBC News·8 months ago

Answered in this video

thumbnail
00:33

Why are there calls for impeachment against the Argentinian President Javier Milei?

thumbnail
00:34

What are the implications of the Argentine President Javier Milei being investigated for his endorsement of a cryptocurrency?

thumbnail
00:39

What does Javier Milei say about people who invested in the cryptocurrency he promoted?

Discover the right B-roll for your videos

Logo

Search for any video clip

Experience AI search that understands context and presents you with relevant video clips.

Try Finallayer for free