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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.
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Javier Milei Defends Investment Risks
BBC News·8 months ago
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