When asked about the potential for bitcoin as a monetary alternative in an interview with the Argentine newspaper Clarín last year, “The first thing we have to understand is that the central bank is a scam. It is a mechanism by which politicians cheat good people with an inflationary tax,” Milei said.

“What bitcoin is representing is the return of money to its original creator — the private sector,” he continued. “Bitcoin has an algorithm that one day it will reach a certain amount and there is no more and it can compete with other currencies, but the problem is that governments will not give up the legal tender. Bitcoin is the natural reaction against central bank scammers and to make the money private again.”