23 hours ago
Argentinian President Javier Milei said it would be “an honor” for Argentina to big the adjacent variation of Devconnect, a gathering of autarkic events that foster the maturation of the Ethereum ecosystem.
Milei made the connection successful response to Vitalik Buterin’s praise of Argentina’s Ethereum community. He said the vigor and determination of builders based successful the state are existent and the lawsuit should beryllium held there.
The Ethereum co-founder assessed that the caller LIBRA memecoin ungraded should not beryllium seen arsenic a crushed to halt believing successful crypto but arsenic a information to dispersed education.
He added:
“I proceed to beryllium precise optimistic astir Argentina and Latam’s contributions and relation successful the space.”
In another X post, Buterin suggested that the adjacent variation of Devconnect should beryllium hosted successful Argentina. He said this could beryllium a “great opportunity” to showcase bully examples of crypto usage to the Argentinian assemblage and past tagged Milei successful the post.
Milei responded via societal media:
“THANK YOU VERY MUCH VITALIK BUTERIN FOR YOUR WORDS ABOUT ARGENTINE TALENT!!! It would beryllium an grant for Argentina to big Devconnect. I hold that it would beryllium a large accidental for our country.”
According to Chainalysis’ “2024 Geography of Crypto Report,” Argentina has the 15th-largest crypto adoption scale and leads Latin America successful crypto worth received, astatine an estimated $91.1 cardinal betwixt 2023 and 2024.
LIBRA controversy
The interactions betwixt the Argentinian President and the Ethereum co-founder travel successful the backdrop of important controversy. Milei endorsed the memecoin LIBRA connected Feb. 14, saying the token was a mode to money Argentinian ventures.
The token reached a $4.5 cardinal valuation before crashing 95% implicit the weekend. A study by Nansen estimated that 86% of traders mislaid $251 million, and 70% of wallets trading the token implicit the play endured losses.
Hayden Davis, a cardinal fig down LIBRA, said successful an interview that Milei had nary fiscal involvement successful the token aft the fiasco. Davis reportedly claimed to power the Argentinian President by paying Milei’s sister.
Notably, Milei said helium did not mean to beforehand the token and lone shared it connected societal media arsenic a motion of bully religion toward the industry.
The station Javier Milei invites Vitalik Buterin to big Ethereum’s Devconnect successful Argentina amid LIBRA token controversy appeared archetypal connected CryptoSlate.
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