Keiser has 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 Keiser, many Bitcoin enthusiasts initially supported various digital currencies before eventually focusing solely on BTC.
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 shift toward a more favorable regulatory environment for digital assets.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
