Charles Hoskinson to Meet Argentine President Javier Milei to Discuss the Use of Bitcoin & Blockchain Technology to Revive the Country's Economy & Political System

Cardano founder Charles Hoskinson will meet with Argentine president Javier Milei on 16 Oct to discuss the use of Bitcoin & Blockchain technology to revive the country’s economy & political system.

Hoskinson, who is also a co-founder of the Ethereum Blockchain, will meet with Milei in Buenos Aires. The meeting was announced by Hoskinson in an interview with Cointelegraph on 15 Oct.

During the interview, Hoskinson said that he would be discussing a wide range of topics with Milei, including the potential use cases of Blockchain technology in Argentina, the country’s values and needs in the context of technology, whether Argentina is interested in creating a central bank digital currency (CBDC), and what kind of partners Argentina has to revive its struggling economy.

Hoskinson also clarified that he would not be discussing the adoption of Cardano Blockchain technology specifically, but rather the broader crypto ecosystem.

"I will be meeting with the president of Argentina on Monday to discuss how Bitcoin and Blockchain can be used to revive the country's economy and political system. I will be talking about the values and needs of Argentina in the context of technology, whether the country is interested in creating a CBDC, and what kind of partners Argentina has to revive its struggling economy. I am excited to have this conversation and to learn more about how crypto can be used to help Argentina."

Cardano has a significant presence in Argentina, with one of the earliest Cardano development companies, AtixLabs, being based in the country. A decade ago, Argentina was also a top name among crypto and Blockchain technology-inclined countries. One of the very first major crypto companies, BitPay, originated from Argentina.

Cardano's native token, ADA, is currently trading at $0.35, which is 1.13% higher over the last 24 hours.