Ethereum
Max Keizer warns Argentinian president against Ethereum
U.Today – Argentine President Javier Milei expressed his support for free competition of currencies, including . This announcement was welcomed by many in the cryptocurrency community. However, Max Keizer, a well-known Bitcoin advocate and advisor to the President of El Salvador, advised Milei to be cautious about including other cryptocurrencies, such as .
Keizer described ETH as a scam, warning that its inclusion could slow Argentina’s progress in the digital currency sector. He suggests that while Milei’s endorsement of BTC is a positive step, the president should reconsider his stance on supporting multiple cryptocurrencies.
According to Keizer, many Bitcoin enthusiasts initially supported various digital currencies before focusing solely on BTC.
Keizer, Bitcoin, Argentina
This is not the first time Keizer has criticized Milei’s crypto policies. He has previously raised concerns over Milei’s decision to require registration of all Bitcoin and crypto platforms in Argentina, arguing that this approach could have negative repercussions due to what he perceives as a lack of in-depth understanding of the unique characteristics of Bitcoin.
Despite these criticisms, President Milei remains committed to his vision of a free market where individuals and businesses can choose their preferred currency. He believes that allowing the use of different units, such as Bitcoin and Ethereum, will spur innovation and economic growth.
Earlier this year, Argentina took an important step by removing taxes on Bitcoin and other cryptocurrencies, signaling a move toward a more favorable regulatory environment for digital assets.