Basri Caneri 
Ethereum co-founder Vitalik Buterin praised Argentina’s growth in the cryptocurrency and blockchain space. In his post on social media, Buterin emphasized that the contributions of Argentine developers and entrepreneurs to the Ethereum ecosystem are too great to be ignored.
Especially the recent failure of the Libra project and the incidents in which investors were victimized despite the support of Argentine President Javier Milei shook the confidence in cryptocurrencies in the country. However, Buterin noted that despite these negative developments, Argentina has made significant contributions to blockchain projects, especially Ethereum, and that cryptocurrency adoption is still strong in the country.
Argentina sees crypto as a way out
For many years, Argentina has been struggling with economic volatility, high inflation, currency depreciation and exchange controls. According to Buterin, such economic challenges have led Argentine citizens and entrepreneurs to turn more towards blockchain technologies.
Noting that there is important software produced by Argentine developers, especially in the Ethereum ecosystem, Buterin emphasized that the country’s potential in this field is still great.
Stating that he supports the Argentine community, which has signed important projects in the Ethereum ecosystem, Buterin said:
“Argentina’s energy and determination towards crypto and new technologies is real. The country has the potential to shape the digital economy of the 21st century.”
Finally, stating that Latin America is becoming an important center in the blockchain world, Buterin added:
“I am very optimistic about Argentina and Latin America’s contribution to the blockchain ecosystem.”
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