{"id":38595,"date":"2025-02-15T01:48:24","date_gmt":"2025-02-15T01:48:24","guid":{"rendered":"https:\/\/metachannelcorp.com\/milei-and-the-geopolitics-of-cryptocurrencies-financial\/"},"modified":"2026-08-03T11:35:49","modified_gmt":"2026-08-03T11:35:49","slug":"milei-and-the-geopolitics-of-cryptocurrencies-financial","status":"publish","type":"post","link":"https:\/\/metachannelcorp.com\/en\/perspectives\/milei-and-the-geopolitics-of-cryptocurrencies-financial\/","title":{"rendered":"Milei and the Geopolitics of Cryptocurrencies: Financial Freedom or Market Manipulation?"},"content":{"rendered":"
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By Anthony <\/span><\/a><\/span><\/em>Tejeda<\/a> Holm oaks<\/span><\/a><\/span> , president Euro-American Digital Law Committee<\/span><\/a><\/span> CEO META Channel Corp<\/span><\/a><\/span><\/em><\/div>\n
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The promotion of cryptocurrencies<\/strong> by the president<\/em> Javier Milei<\/strong> It is not an isolated event nor a simple ideological gesture. What might seem like support for decentralization and the free market, in reality, contains a much more complex phenomenon.<\/div>\n<\/div>\n
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First it was CoinX in 2022, now LIBRA in 2025. Both cases show a disturbing pattern of behavior: a political leader promoting specific crypto projects that end in financial collapses, massive losses for investors and a worrying lack of regulation.<\/div>\n<\/div>\n
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Is this simply recklessness or is there market manipulation with hidden interests?<\/div>\n<\/div>\n
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In this analysis, we will explore two key aspects:<\/div>\n
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\"1\ufe0f\u20e3\"<\/span> The geopolitics behind Milei’s cryptopolitics: Is Argentina a test laboratory for crypto deregulation or a piece in a larger financial game?<\/div>\n<\/div>\n
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\"2\ufe0f\u20e3\"<\/span> The regulatory vacuum and its impact on the Argentine economy: How does the lack of supervision turn the country into a haven for large-scale financial fraud?<\/div>\n
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\"1\ufe0f\u20e3\"<\/span> Geopolitics and Cryptopolitics: Argentina as a Testing Ground.<\/h3>\n<\/div>\n
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Cryptocurrencies are not just a financial or technological phenomenon; They are also a geopolitical instrument. Countries with different motivations have adopted diverse approaches towards digital assets:<\/div>\n
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\"\u2705\"<\/span> El Salvador (2021): Made Bitcoin legal tender, defying the IMF and seeking financial independence.<\/div>\n<\/div>\n
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\"\u2705\"<\/span> Dubai: Established itself as a crypto hub with favorable regulation and tax benefits.<\/div>\n<\/div>\n
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\"\u2705\"<\/span> US and European Union: Apply strict regulations to balance innovation with market security.<\/div>\n<\/div>\n
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\"\u2705\"<\/span> China and Russia: Restrict the use of cryptocurrencies as they represent a threat to state control over the economy.<\/div>\n
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\"\ud83d\udd39\"<\/span> Where is Argentina on this board?<\/strong><\/div>\n
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Argentina is a country with a historically unstable economy, uncontrolled inflation, and eroded confidence in its national currency. This makes it fertile ground for the mass adoption of cryptocurrencies, but also a perfect target for high-risk speculative operations.<\/div>\n<\/div>\n
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Financial freedom or market manipulation?<\/strong><\/div>\n<\/div>\n
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Milei has gone beyond supporting financial decentralization: it has promoted specific crypto projects with catastrophic consequences.<\/div>\n
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\"\ud83d\udcc9\"<\/span> CoinX Case (2022): The First Precedent<\/strong><\/div>\n
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\"\ud83d\udd38\"<\/span> Milei, still as a deputy, promoted CoinX on his social networks.<\/div>\n<\/div>\n
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\"\ud83d\udd38\"<\/span> CoinX offered guaranteed returns without explaining its financial model (a classic sign of a pyramid scheme).<\/div>\n<\/div>\n
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\"\ud83d\udd38\"<\/span> The National Securities Commission (CNV) intervened and ordered its closure.<\/div>\n<\/div>\n
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\"\ud83d\udd38\"<\/span> Result: Investors lost money and Milei ignored the problem, claiming ignorance.<\/div>\n
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\"\ud83d\udca5\"<\/span> LIBRA Case (2025): The Biggest Scandal<\/strong><\/div>\n
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\"\ud83d\udd39\"<\/span> Now as president, Milei promoted the LIBRA token from his official X account.<\/div>\n<\/div>\n
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\"\ud83d\udd39\"<\/span> In a few hours, LIBRA reached a capitalization of $4.5 billion.<\/div>\n<\/div>\n
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\"\ud83d\udd39\"<\/span> The price fell 89% after its launch, generating massive losses.<\/div>\n<\/div>\n
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\"\ud83d\udd39\"<\/span> Analysts detected signs of pump & dump, a strategy in which the value of an asset is artificially inflated before profits are withdrawn.<\/div>\n<\/div>\n
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\"\ud83d\udd39\"<\/span> LIBRA developers withdrew approximately $87 million before the crash.<\/div>\n<\/div>\n
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\"\ud83d\udd39\"<\/span> Milei deleted her post and again claimed ignorance.<\/div>\n
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\"\ud83d\udd34\"<\/span> Evident pattern: promotion, artificial rise, collapse and misunderstanding.<\/strong><\/div>\n
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\"\ud83d\udca1\"<\/span> The big question: is it just irresponsibility or is there a hidden financial interest?<\/div>\n<\/div>\n
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A president’s endorsement of a specific cryptocurrency is not an innocent act. It generates confidence in the market and mobilizes investments, benefiting insiders who withdraw their capital at the right time. Milei, by acting as a promotional figure, not only reinforces his libertarian narrative, but also amplifies schemes that end up affecting small investors.<\/div>\n
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\"2\ufe0f\u20e3\"<\/span> Argentina and the Regulatory Vacuum: A Paradise for Speculation<\/h3>\n
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\"\ud83d\udccc\"<\/span> The lack of crypto regulation in Argentina<\/strong><\/div>\n<\/div>\n
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Argentina has been one of the countries with the highest adoption of cryptocurrencies, but without a solid regulatory framework. This has turned the country into fertile ground for fraud.<\/div>\n
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Comparison with other markets:<\/strong><\/div>\n
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\"\ud83d\udccd\"<\/span> US and SEC: Actively investigate crypto fraud and sanction irresponsible promotions (example: Elon Musk and Dogecoin).<\/div>\n<\/div>\n
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\"\ud83d\udccd\"<\/span> Europe and MiCA: They have implemented strict regulations to control the market and prevent scams.<\/div>\n<\/div>\n
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\"\ud83d\udccd\"<\/span> Argentina: It does not have an entity with sufficient authority to intervene in fraudulent schemes like LIBRA.<\/div>\n<\/div>\n
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\"\ud83d\udd38\"<\/span> The result? A fully deregulated crypto market where any actor can launch a token without prerequisites.<\/div>\n
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\"\ud83d\udea8\"<\/span> Milei and the Omission of Controls<\/strong><\/div>\n
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Since taking office, Milei has pushed an agenda of extreme deregulation. However, instead of establishing a framework that provides security for investors, it has encouraged a model in which:<\/div>\n
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\"\u274c\"<\/span> There are no protections against financial fraud.<\/div>\n<\/div>\n
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\"\u274c\"<\/span> Any person or group can launch a cryptocurrency without prior audit.<\/div>\n<\/div>\n
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\"\u274c\"<\/span> The control institutions (CNV, Central Bank) are limited in their capacity to intervene.<\/div>\n<\/div>\n
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The problem is not the promotion of cryptocurrencies itself, but the way in which it is done and the consequences that this generates.<\/div>\n
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\"\ud83d\udcca\"<\/span> Impact on the Argentine Economy<\/strong><\/div>\n
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The consequences of this regulatory vacuum and Milei’s irresponsible promotion of cryptocurrencies are alarming:<\/div>\n
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\"\ud83d\udd34\"<\/span> \"1\ufe0f\u20e3\"<\/span> Loss of confidence in the Argentine crypto ecosystem \u2192 Inhibiting serious investment in the sector.<\/div>\n<\/div>\n
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\"\ud83d\udd34\"<\/span> \"2\ufe0f\u20e3\"<\/span> Exodus of capital towards safer markets \u2192 Making the country’s financial development difficult.<\/div>\n<\/div>\n
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\"\ud83d\udd34\"<\/span> \"3\ufe0f\u20e3\"<\/span> Greater exposure to fraud \u2192 Especially affecting small investors who trust the presidential word.<\/div>\n
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\"\ud83d\udca1\"<\/span> Conclusion: Where is Argentina going in the Milei era?<\/h3>\n<\/div>\n
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The Milei-CoinX-LIBRA case is not an isolated episode. It is the manifestation of an economic governance model based on uncontrolled deregulation, which facilitates uncontrolled speculation.<\/div>\n<\/div>\n
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\"\u26a0\ufe0f\"<\/span> If adequate regulations are not implemented, Argentina will consolidate itself as a high-risk market for crypto investments, where:<\/div>\n<\/div>\n
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\"\u2714\ufe0f\"<\/span> Retail investors will continue to be the main losers.<\/div>\n<\/div>\n
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\"\u2714\ufe0f\"<\/span> The government will not take responsibility for indirectly supported frauds.<\/div>\n<\/div>\n
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\"\u2714\ufe0f\"<\/span> The country will be a magnet for financial projects of dubious legitimacy.<\/div>\n<\/div>\n
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\"\ud83d\udd0e\"<\/span> The final big question: Is Milei just a naive defender of financial freedom or is there a pattern of market manipulation with hidden interests?<\/div>\n<\/div>\n
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If the pattern repeats itself with a third cryptocurrency, the answer will be obvious.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

By Anthony Tejeda Holm oaks , president Euro-American Digital Law Committee CEO META Channel Corp The promotion of cryptocurrencies by…<\/p>\n","protected":false},"author":12,"featured_media":33199,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wds_primary_category":0,"footnotes":""},"categories":[1837],"tags":[1918],"class_list":["post-38595","post","type-post","status-publish","format-standard","has-post-thumbnail","category-blockchain-and-web3-finance","tag-geopolitics"],"menu_order":0,"_links":{"self":[{"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/posts\/38595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/comments?post=38595"}],"version-history":[{"count":1,"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/posts\/38595\/revisions"}],"predecessor-version":[{"id":38971,"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/posts\/38595\/revisions\/38971"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/media\/33199"}],"wp:attachment":[{"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/media?parent=38595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/categories?post=38595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/tags?post=38595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}