In a recent interview, Javier Gerardo Milei, who is a candidate for the presidency of Argentina in 2023, shared his thoughts on Bitcoin.

When asked during this interview if Bitcoin could be a monetary alternative in Argentina, Milei replied:

“The first thing we have to understand is that the central bank is a scam. It is a mechanism by which politicians cheat the good people with the inflationary tax. What Bitcoin is representing is a return of money to its original creator: the private sector. Money is a private invention in order to be used to solve problems, for example in a bartering economy, ‘the double coincidence’ of wants and indivisibility. Then paper money appears to solve portability…

“Bitcoin is the natural reaction to the scam of central banks and money returning to the private sector. And the flip side is that the thieving politicians are not going to allow you to go against legal tender. In economies with high inflation, the scam problem is bigger. That’s why, as I suggest, you can propose to close the central bank.”