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Home»Ethereum»Javier Milei invites Vitalik Buterin to host DevConnect from Ethereum in Argentina in the middle of the controversy token token
Ethereum

Javier Milei invites Vitalik Buterin to host DevConnect from Ethereum in Argentina in the middle of the controversy token token

February 21, 2025No Comments
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Argentinian president Javier Milei said it would be “An honor” for Argentina to welcome the next edition of DevConnect, a gathering of independent events which promote the growth of the Ethereum ecosystem.

Milei made the statement in response to Vitalik The praise of buterin of the Ethereum community of Argentina. He said that the energy and determination of manufacturers based in the country are The real and the event should take place.

The co-founder Ethereum has evaluated that the recent scandal of the Memecoin balance should not be considered as a reason to stop believing in the crypto but as a motivation to disseminate education.

He added:

“I continue to be very optimistic about Argentina and Latam and the role in space.”

In Another post XButerin suggested that the next DevConnect edition should be accommodated in Argentina. He said it could be an “excellent opportunity” to present good examples of using cryptography to the Argentine community, then marked Milei in the post.

Milei responded via social media:

“Thank you very much Vitalik Buterin for your words on Argentinian talent !!! It would be an honor for Argentina to welcome DevConnect. I agree that it would be an excellent opportunity for our country. »»

According to the “geography of the crypto in 2024”, Argentina has the 15th largest adoption index of crypto and leads Latin America in cryptographic value received, at around 91.1 billion dollars between 2023 and 2024.

Controversy balance

The interactions between the Argentinian president and the co-founder of Ethereum are in the context of a significant controversy. Milei approved the same Libra on February 14, saying that the token was a way to finance Argentinian companies.

The token has reached an evaluation of $ 4.5 billion before Cut 95% during the weekend. A Nansen report estimated These 86% of merchants lost $ 251 million, and 70% of portfolios exchanging the token over the weekend suffered losses.

Hayden Davis, a key figure behind the scale, said in an interview This Milei had no financial participation in the token after the fiasco. Davis would have claimed influence the Argentine president by paying Milei’s sister.

In particular, Milei said that he did not intend to promote the token and only shared it on social networks as a gesture of good faith towards industry.

Mentioned in this article
BlockBlock
Author

Gino MATOS

Journalist in Cryptoslate

Gino Matos graduated from the Faculty of Law and experienced journalist with six years of experience in the cryptography industry. Its expertise focuses mainly on the ecosystem of Brazilian blockchain and developments in decentralized finance (DEFI).

Editor

Assad Jafri

Editor and journalist at Cryptoslate

AJ, a journalist passionate since the 2011 Arab Spring of Yemen, has perfected his skills worldwide for more than a decade. Specializing in financial journalism, he now focuses on crypto reports.

Non-liability clause: The opinions of our writers are only theirs and do not reflect the opinion of the cryptoslate. None of the information you read on Cryptoslate should be considered as an investment advice, and Cryptoslate does not approve of any project that can be mentioned or linked in this article. The purchase and trading of cryptocurrencies must be considered a high-risk activity. Please make your own reasonable diligence before taking measures related to the content in this article. Finally, Cryptoslate does not take any responsibility if you lose money by exchanging cryptocurrencies.



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