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Highlights
- Cardano's Charles Hoskinson will meet with Argentinian President Javier Milei to discuss blockchain's potential.
- Argentina shows growing interest in blockchain with Milei as a strong advocate.
- The meeting will likely explore blockchain's role in improving Argentina's economy and fostering innovation.
In October, Charles Hoskinson, the founder of Cardano, will take an appointment with the President of Argentina Javier Milei to discuss the future of cryptocurrency economies.
Hoskinson will attend Tech Forum Argentina, where he intends to have a debate with the President of Argentina on October 19.
Argentina Explores Blockchain Future with Cardano’s Hoskinson
The meeting is set to discuss how blockchain could be a game-changer for global economic, political, and social systems. The discussion would even seek to brief about the technological needs and values of the Argentinian nation, CBDC development, and possible future partnership with the nation as part of rebuilding its economy.
According to Hoskinson:
“We’ve had many discussions with his administration, and I’m going to meet him probably on the 19th, but at some point, if not then within that time frame, we’ve been discussing with people that work with him and forum what blockchain’s future is going to look like. It’s not a Cardano only conversation, there’s a whole family of technologies.”
This was evident in a recent interview when Cardano founder Charles Hoskinson described Argentina’s President Javier Milei as a “philosophical Austrian.”
The comment worked to align Milei with ideals shared by the crypto community. Hoskinson noted that Milei supports eliminating government-controlled money and is an advocate for private institutions and free markets. He further exclaimed, “Milei shares a similar creed as those greats like Ludwig von Mises and Murray Rothbard; his political philosophy consequently really tallies with the ethos of the cryptocurrency industry.
This is the first strong presence of Cardano in Argentina, since Hoskinson’s forthcoming visit with President Milei is confirmation. The country has been open to Cardano initiatives-finding several collaborations to influence blockchain adoption. In June of 2024, the Cardano Foundation partnered with Argentina to promote local blockchain initiatives.
Cardano has a relationship with Argentina that goes back to the early days of the protocol. One of Cardano’s first development partners, AtixLabs, is from the country. “Cardano has had a significant presence in Argentina for a long time,” Hoskinson highlighted, pointing to the strong foundation of the network.
He also referenced Argentina’s history with Bitcoin, noting how BitPay, one of the first big crypto companies, created its Copay wallet in Argentina back around 2012. President Milei has been a loud pro-crypto leader, and he publicly shilled Cardano. In May 2024, Milei forwarded on his X page a Cardano-themed message from Dario Epstein, and he has forwarded on at least one of Hoskinson’s tweets.
President Milei to Witness Cardano’s DeFi Governance Milestone
On September 17, President Javier Milei confirmed his attendance at Tech Forum Argentina through a repost on X, signaling his participation in the upcoming event.
The announcement is being made at this point when the Cardano blockchain is progressing further in its journey toward Voltaire, the last stage of its roadmap that focuses on decentralized governance.
Cardano underwent Chang, the first hard fork of the Voltaire era, on September 1, which introduced community-driven governance with the activation of on-chain consensus.
ADA holders will formally ratify Voltaire’s on-chain voting capabilities in the final Cardano Constitution expected until December.
Although Charles Hoskinson supports personally a deflationary monetary policy and is against the burning of tokens in any event, he opens his arms to debate within the community. He says discussion is the very reason behind on-chain governance; this is how ideas get refined, and systems evolve through inclusivity of every kind.
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