Miley Memecoin has been reduced as “hypocrisy” in Cripto Cafes Buenos Aires – DL News

In Buenos Aires, the Cripto community was interrupted.

“This is a joke,” said Argentine crypt lawyer.

“Disaster,” the crypto employed said.

“Hippocrisia,” another said.

But that was not unexpected. “It’s Argentina, man,” said an industry fan.

In cafes for crypto and workspaces in Buenos Aires Libra Memecoin Mat And the role played by President Javier Miley in the promotion of the scheme does not go well.

“Although we are not completely sure how it is involved, it is a disaster,” Mateo Moragues said, a 23-year-old Argentine crypto user and a worker in space.

Like many local investors, Federico Sarkiis, a 28-year-old Argentine programmer, lost money when the scale increased after leaving last Friday, and then slammed more than 97%, erasing $ 4 billion in a market value.

“I’m disappointed,” Sarkiis told me. “I lost a lot of confidence.”

Living community

Known as Paris Latin America, Buenos Aires bred a live crypto community.

House is Bitcoin Cultural Center, Dozens Cafes that accept crypto and dissimilar cooperation in the heart of Palermo Hollywood, Trendy Neighborhood of Bar and Boutiques.

This is not accidental.

The history of a dual and three -phone inflation is pushed by many Argentina to seek the safe haven of alternative assets, including Bitcoin and other cryptocurrency.

That is why Miley’s decision to approve the token that accelerated that he did not suddenly insert time.

By accepting Cripto in Tandem with his call to move Difunctional Policy of Argentina, Economist Laissez-Faire hit the Chord with Bitcoin enthusiasts.

They believed him.

“I saw his tweet, and though I thought his account was hacked, he decided to bring money,” Sarkiis told me in the park in the columns, dormant, congested quarters with cobbled streets and hipsters.

Sarkiis explained that Tweet saw about 28 minutes after Miley published him, when Vage’s market value was about $ 3 billion.

Knowing that he was a little late at the party, he still invested. There wasn’t much, he said, “about $ 200.”

Another local investor has worsened. Juan Pablo, a 23-year-old user of the Argentine crypto, lost $ 1,000 in the scales.

“Balde de Agua Fria“He told me.” It was a bucket of ice water. “

35,000 wallets

Miley distanced from Fiasco scales and claimed that “was not aware of the details” Although the information has appeared this week Token architects before his release.

Onchain Analytics Firma Nansen export That more than 35,000 wallet addresses bought in the scales, with 86% of traders who lost money.

Miley rejected those numbers and claimed that Argentine was mostly affected.

“There were no more than 5,000 actual investors,” Miley said in television Interview Monday. “Did Argentines lose money? Not. There would be more than five probably Argentina.”

‘This creates another barrier for adoption.’

– Mateo Moragues

Miley also claimed that investors the balance they knew they were asked.

“It’s a casino,” he said, before opting. “I shared the project because I thought it was serious.”

Sarkiis broke the reply of the President.

“His Tweet was not one of the promotions of the memo, it was a serious project,” Sarkiis said. “What he said is simply not true.”

BlocCchain Valley

Dolivents of Blockcach Valley, the Crypto Center in Palermo Holywood County, were alike varied.

In Alephu, open plan, cooperation side, the founders of industry, entrepreneurs and investors drink coffee and worked on their laptops on Thursday while the headlines are closer to the screen.

“This is a joke,” Milagros Santamaria told me, a 30-year-old CRIPTO lawyer, told me.

He works on the project to develop a sand box in the country and called the situation “disappointing cashier”.

Sitting near, Mateo Morague described an episode as papelonThe Latin American Slang for Fiasco.

Mateo not only can be abolished in crypt.

With the position of Simplefia, the company dedicated to the integration of digital property into everyday life, he played a role in getting more cafes, bars, restaurants and shops in Palermo Hollywood to accept the crypto.

“This creates another obstacle for adoption,” he told me. “It’s harmful.”

Fraud lawsuits

Maybe, but it seems that Miley times will pass the scandal, although the opposition of the Peronist Party promised to investigate the impurition and investors submitted lawsuits for fraud and that the president filed the lawsuke.

On Thursday, the Senate Argentina failed to collect the votes to launch the probe in the Mile’s role in case of scales.

Despite that, Miley stood in the Blockschain Valley is not what it was.

“It’s more than hypocrisy,” the 39-year-old Cripto PR manager said. “It’s a scam.”

Pedro Solimano is correspondent market based in Buenos Aires. You have the top? Send it by email at psolimano@dlnews.com.