#阿根廷总统MEME币争议 $LIBRA cryptocurrency has sparked numerous controversies from different perspectives:

Economic Aspect

• Short-term speculation and long-term risks: Milei promotes $LIBRA claiming it is used to support small and medium-sized enterprises in Argentina. As a result, the price of this cryptocurrency surged dramatically in a short period, but then quickly collapsed. This phenomenon reflects the high speculative nature of the cryptocurrency market. In a country like Argentina, where the economic situation is severe and inflation rates remain high, the public expects to achieve asset appreciation through cryptocurrency investment, but they end up losing everything during the price crash, which not only does not bring positive effects to the economy but may also exacerbate public panic and distrust in the economy.

• Lack of support from the real economy: $LIBRA, as a copycat cryptocurrency, lacks a foundation in the real economy and is more like a speculative tool that exploits public enthusiasm. Its value is difficult to stabilize, with severe price fluctuations, making it unreliable as a financial tool to promote healthy economic development, and it cannot fundamentally address the economic issues faced by Argentina.