#MileiMemeCoinControversy Milei met with those behind LIBRA, but once again emphasized that he is not promoting this coin but simply sharing information about it.
Is the state losing money? No. Are the Argentinians losing money? Perhaps only four or five people at most. The vast majority of investors are Chinese and American. It is wrong to say that 44,000 people are affected; at most, it is only 5,000. These are traders who have a clear understanding of the risks,” he said.
Javier described LIBRA investors as experienced traders dealing with volatility, not ordinary citizens.
He also defended his post on X, which helped the price of LIBRA soar, stating that the post appeared just three minutes after this coin was launched, simply because he is passionate about the idea.
“I am not promoting it; I am just sharing information. I do this because I am a passionate supporter of technology. Any initiative that improves funding for tech entrepreneurs interests me. I am not making a mistake because I act with goodwill. But when looking at the political consequences, I realize that I need to learn a lesson. I need to understand that after becoming President, I still need to act like Javier Milei did before. Unfortunately, this situation shows me that I need to raise my filter and not make myself so accessible.”