libra scam from president Milei of argentina

[TryNinja]

Either this could be the works of his political enemies and he's just stupid to fall for this or he took complete advantage of his popularity. I mean a person who is supposed to be pro bitcoin should at least have an idea of the market. Crypto scams aren't new.

I mean, he was already involved in a ponzi scam a few years ago, he surely knows how this stuff works and took advantage of this position as savior of Argentina and the free market crazy guy which lots of people like to get some quick bucks.

Now dude risks getting impeached for that, sucks (or not) to Argentina’s population.

https://x.com/anarcomaster/status/1890553948869665026?s=46

[robelneo]

I mean, he was already involved in a ponzi scam a few years ago, he surely knows how this stuff works and took advantage of this position as savior of Argentina and the free market crazy guy which lots of people like to get some quick bucks.

Now dude risks getting impeached for that, sucks (or not) to Argentina’s population.

Then he is really lying, and this evidence will be brought up once the impeachment proceeding happens. He should know that he is now the president; he should be responsible for what he is promoting, and he should only promote well-established projects like Bitcoin and post a disclaimer.
He brought his downfall and many investors will come forward to charge him of promoting scam.

[TomPluz]

Libra is another memecoin and come to think of it...what do you expect from a memecoin in the first place? People who are investing in memecoins are already aware of the risk in this investment vehicle. The only problem with Libra is that President Milei of Argentina got involved maybe him without really aware of the possible consequences. I am not really sure if Milei is going to be facing political ill-effects on his own country based on this alone as he is still popular in Argentina and they don't have an alternative politician that can go against this guy. The big lesson here is for politicians to steer away from endorsing any crypto project most especially a memecoin. As to Trump, the project he endorsed has not rugpulled it is still there and if people are complaining based on its price then they should know what they are into...this is crypto and even memecoin at that so anything can happen.

[target]

Libra is another memecoin and come to think of it...what do you expect from a memecoin in the first place? People who are investing in memecoins are already aware of the risk in this investment vehicle. The only problem with Libra is that President Milei of Argentina got involved maybe him without really aware of the possible consequences. I am not really sure if Milei is going to be facing political ill-effects on his own country based on this alone as he is still popular in Argentina and they don't have an alternative politician that can go against this guy. The big lesson here is for politicians to steer away from endorsing any crypto project most especially a memecoin. As to Trump, the project he endorsed has not rugpulled it is still there and if people are complaining based on its price then they should know what they are into...this is crypto and even memecoin at that so anything can happen.

Its why I ask in the beginning of this thread whether no political party got involve to accuse the Argentinean president. This man had so many enemies because he shutdown a lot of government agencies.

Politics is very dirty already and then the media is mixing with it which the media could really destroy someone else reputation despite not being true to what they are saying.

[Stompix]

Well, I think President Javier Milei has no intention of deceiving everyone, he is just too gullible and inexperienced in approaching crypto. Hastily endorsing a new token through X is very naive, he did not foresee the consequences or he forgot the responsibility of a President of a nation when engaging on X. 

Next we're going to have presidents endorsing horse medicine to cure viral diseases...oh wait!
Would you let a company in your town use your image and post on your account how great they are without ever using them?

Even if he was too gullible, do you need a gullible and inexperienced guy running a country?

[dkbit98]

I mean, he was already involved in a ponzi scam a few years ago, he surely knows how this stuff works and took advantage of this position as savior of Argentina and the free market crazy guy which lots of people like to get some quick bucks.

It sounds to me like people who put this puppet in power, and that was certainly not the people with voting circus, really wanted to totally destroy Argentina
while selling everyone the story how he is reducing inflation, and he loves bitcoin and freedom.
Don't forget that he also sent all gold reserves of Argentina to some foreign country not long ago.
I don't understand why anyone was surprised with his libra scam project.

[JoyMarsha]

He promoted Libra on X and deleted it a few hours later, saying that he didn't know the details of the project and after he found out, he deleted it, lol, who promotes what he does not know about, that is how scammers defend themselves. He may be charged for this, because so many people invested in this shitcoin because he promoted it, and they were rugpulled.

What a stupid excuse is that. You don't know the details of a coin but you tweeted about it, knowing fully well that you are a figure(president), people will easily buy into what you say.

It's like he don't know that the crypto space will never forgive him of this that he rugpulled his country citizens because of his simple tweet he claims he knows nothing about the scam project(I doubt).