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Source: Carbon Chain Value
The latest speech in Davos by Bitcoin madman and Argentine President Mile, who claims to be anarchic capitalist, triggered a big discussion on social networks.
On January 15, the 54th World Economic Forum opened in Davos, the Swiss Alps.Leaders from about 60 heads of state and multinational corporations meet in this luxury resort.Mile was one of the speakers at the conference.World Economic Forum founder Schwab said when introducing Milei that he was an “extraordinary person”.
Why is Mile a president who is loved by people in the blockchain crypto circle?Whether during his presidential campaign or in writing and speaking in Austrian economics, he was wise to stand on the side of the Bitcoin audience.For example, he once threatened that “Bitcoin can eliminate the central bank” and even “don’t blow up the central bank” and radical remarks of using the US dollar as its currency.Looking back, this radical remark may have helped him to some extent, helping him to attract votes from the Bitcoin audience.In addition, Mile himself has a messy hair, a straightforward personality, and a support for classical liberal ideas. These external tags have made him quickly become popular in the domestic media in Argentina and gained a foothold.
Schwab, founder of the World Economic Forum, said that Mile’s “radical approach” has brought a new spirit to Argentina.
As early as 2017, Mile mentioned the potential of Bitcoin, and most of his remarks praised Bitcoin technology for its ability to regain monetary sovereignty from the central bank.In 2019, Mile admitted that he has not delved into Bitcoin.In 2021, Mile called Bitcoin an “impeccable concept”.
Mile’s Davos Forum speech first affected the audience in the crypto circle on social media.These includeCoinbase founder Brian Armstrong.He reposted the full text of Mile’s speech and said, “That’s why cryptocurrencies need to win – it will spread economic freedom around the world.”
Featured Quotes from Mile at the 2024 Davos Forum:
Today I tell you that the Western world is in danger, and it is in danger because those who should have defended Western values are bought by a worldview that inevitably leads to collectivism, which leads topoor.
Unfortunately, in recent decades, with some well-intentioned people motivated to help others and others for the desire to belong to the privileged class, the leading leaders of the Western world have abandoned the free model in favor of a different version of theFree mode.Call it collectivism.
No one is more suitable to prove this than us.When we adopted the liberal model in 1860, in 35 years we became a world power.And when we embraced collectivism over the past 100 years, our citizens began to become systemic poverty.The global ranking fell to 140th place.
The experience in Argentina is that no matter how rich or how many natural resources you have… or how many gold bars you have in the central bank – if you hinder market freedom, free competition, free price system and attack private property, the only possible fate ispoverty.
The problem with neoclassical (economists) is that the model they love so much does not match reality, so they attribute their mistakes to so-called market failures rather than the premise of examining their models.
Using the so-called market failure as an excuse, introducing regulation will only cause distortion of the price system, hindering economic calculations, and thus hinder savings, investment and growth.Even the so-called liberal economists don’t understand what the market is, because if they really understand the market, they will soon find that something that fails in the market cannot exist.
Talking about market failure is a contradiction, and there is no market failure. If the transaction is voluntary, then the only situation of market failure is coercion, and the only thing that can implement coercion is the country.
Faced with the harmful theoretical arguments of state intervention and the empirical evidence of failure of state intervention, the solution proposed by collectivists is not greater freedom, but greater regulation.
Stronger regulation creates a spiral downward till we all become poor, and our lives all depend on bureaucrats sitting somewhere in a luxurious office.
They abandoned class struggles based on economic institutions and replaced them with other so-called social conflicts that are equally harmful to the lives of communities and economic growth.Today’s countries do not need to directly control the means of production to control all aspects of personal life.
Through tools such as money printing, debt, subsidies, interest rate control, price control and supervision to correct so-called market failures, they can control the lives and destiny of millions of people.They say that capitalism is evil because it is individualistic, and collectivism is good because it is altruistic, of course it uses other people’s money.
Those who promote collective justice advocate the idea that the entire economy is a pie that can be shared in a better way, but the pie is not fixed, it is what Israel Kirzner* calls itwealth generated during market discovery.
If states punish capitalists when they succeed and hinder the (market) discovery process, they will destroy their incentives, and the result is that their output will decrease and the cake will become smaller, which will harm society as a whole.Collectivism ultimately constrains entrepreneurs’ hands and feet by inhibiting the (market) discovery process and hinders the use of discovery, preventing them from providing better goods and services at a better price.
Thanks to free enterprise capitalism, the world is now at its best moment, and has never had a more prosperous period in all mankind or human history than it is today.The world today is freer, richer, more peaceful and more prosperous than at any time in human history.This is especially true for countries that respect economic freedom and personal property rights.
A capitalist, a successful entrepreneur, is a donor of society. He will never invade the wealth of others, but will contribute to the universal well-being of all.A successful entrepreneur is a hero.
Liberalism is based on the principle of non-aggression, respecting the life plans of others without restriction, and defending the right to life, freedom and property rights.
Its basic systems are: private property, markets without state intervention, free competition, division of labor and social cooperation.You can only succeed by providing others with better quality items at the best price.
The poverty caused by collectivism is not a fantasy or fatalism, it is a reality that we Argentinians have known for at least a hundred years.We’ve been through all this and I’m here to warn you what will happen if Western countries that have become rich through free mode continue to embark on the road to slavery.
I came here today to invite the rest of the Western world to return to the path to prosperity.Economic freedom, limited government and unlimited respect for private property are fundamental elements of economic growth.
Finally, I would like to leave a sentence to all the entrepreneurs and business people here, and those who have not attended in person but come from all over the world: You are the benefactors of society, you are the heroes, you are the most extraordinary prosperity we have ever seenCreator of the period.Don’t let anyone tell you that your ambitions are immoral.If you make money, it is because you provide better products at the best price, thus contributing to overall well-being.You are the real protagonists of this story.
Rest assured that starting today, you can trust Argentina as an unconditional ally.
