Summary
Argentine President Javier Milei faces impeachment calls and fraud accusations after promoting the $LIBRA cryptocurrency on social media.
His endorsement caused a price surge, but after he deleted the post, the coin crashed, wiping out investor funds.
Critics accuse him of a “rug pull” scheme, while the government denies wrongdoing and announced an anti-corruption probe.
Argentina’s main opposition coalition calls the incident an “unprecedented scandal” and preparing to seek his impeachment.
Storage medium? What are you on about? You can prune blockchains and do things like demurrage to reduce bloat.
But either way it’s a weird critique. Bitcoin getting bigger makes it harder to sync clients but it’s not gonna consume all the worlds storage that doesn’t make sense.