Argentine President launches token called Libra?

[Fidelia]

The Argentine President has launched a new crypto token. And the name of the token is libra.

The token had pumped to supply of $4Billion. Just maybe, the Argentina president would push for Libra to be massively used in Argentina?

 

[riberet19]

Who knows what plans Milei will have for this cryptocurrency, but I wouldn't trust any cryptocurrency issued by a government sincerely, what difference will it have from a fiat currency issued by a central bank or government?

 

[eLdavis]

Seems we are going to be seeing a lot of people lunching coins this year. Lets watch and see how it turns out.

 

[Suba]

Based on several articles that I have read, I conclude that President Milei has abandoned the Libra memecoin and damaged his legitimacy as a president. The market price of Libra has plummeted from $4.5 to $0.5 and damaged investor confidence. Based on blockchain analysis, the supply of Libra is controlled by whales and developers, making it unsafe to facilitate pump and dump manipulation.