U.Today – Argentine President Javier Milei has expressed his support for free competition of currencies, including . This announcement has been well received by many in the cryptocurrency community. However, Max Keizer, a well-known Bitcoin advocate and advisor to the president of El Salvador, has advised Milei to be careful when including other cryptocurrencies, such as .
Keizer described ETH as a scam and warned that its inclusion could slow Argentina's progress in the digital currency sector. He suggests that while Milei's support for BTC is a positive step, the president should reconsider his stance on supporting multiple cryptocurrencies.
According to Keiser, many Bitcoin enthusiasts initially supported several digital currencies before eventually focusing solely on BTC.
Keizer, Bitcoin, Argentina
This is not the first time Keizer has criticized Milei's crypto policy. He previously expressed concern about 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 deep understanding of Bitcoin's unique characteristics. .
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 stimulate innovation and economic growth.
Earlier this year, Argentina took an important step by eliminating taxes on Bitcoin and other cryptocurrencies, signaling a shift toward a more favorable regulatory environment for digital assets.
This article was originally published on U.Today.
