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Cardano’s Hoskinson to Face Argentina President Milei in Pivotal Blockchain Economy Discussion

Fri, 20 Sep 2024, 02:53 am UTC

Hoskinson and Milei to discuss blockchain’s potential in transforming Argentina’s economy. Credit: EconoTimes

Charles Hoskinson, founder of Cardano, will meet Argentina’s President Javier Milei at Tech Forum in October to explore how blockchain technology can reshape Argentina’s financial systems, discussing everything from digital currencies to technological innovation.

Hoskinson to Meet Milei at Tech Forum

In October, Charles Hoskinson, founder of Cardano, and Javier Milei, president of Argentina, will meet to talk about the cryptocurrency economy.

In an interview with Cointelegraph, Hoskinson, founder of Cardano, revealed that he is planning to meet with the president of Argentina at Tech Forum Argentina on October 19 to talk about blockchain's potential.

Blockchain’s Potential to Revolutionize Systems

Hoskinson plans to bring up blockchain's ability to revolutionize world monetary, political, and social systems at the forthcoming meeting.

In addition, he threatened to bring up issues about Argentina's technological priorities and ideals, the possibility of a central bank digital currency (CBDC), and the nature of the country's economic recovery allies.

"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," Hoskinson added. Furthermore, he stated:

"It’s not a Cardano only conversation, there’s a whole family of technologies."

The creator of Cardano characterized President Milei as a "Austrian" and a "actual philosophical Austrian" in an interview with Cointelegraph.

Milei’s Philosophy Mirrors Crypto Ideals

Since the president "wants to get rid of government-controlled money" and "likes private institutions and free markets," he seemed to be implying that Milei's views are in line with some crypto ideals. Here is Hoskinson's opinion:

“He does believe in what Ludwig von Mises believes and Murray Rothbard, and so philosophically, politically, he’s much more aligned with the ethos of the cryptocurrency industry.”

Cardano Strengthens Ties in Argentina’s Blockchain Scene

Cardano's extensive connections and presence in Argentina will be leveraged by Hoskinson's forthcoming meeting with the president.

Among Argentina's many initiatives to foster cooperation, the country's warm reception of Cardano "with open arms" stands out. To further encourage blockchain technology's use in Argentina, the Cardano Foundation renewed its relationship with the country in June 2024.

Cardano’s Argentinean Roots Go Back to 2015

Also, according to the Cardano Newsletter, AtixLabs, one of the first development businesses for Cardano, was Argentinean when Hoskinson co-founded the project in 2015.

Cardano has "real strong roots" in Argentina, according to Hoskinson, who said, "Cardano has been in Argentina for a long time" in the interview.

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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