Marra revealed that if there is one asset that he did well with, it is bitcoin.
For the legislator, the ideal of everyone in the world should be free currency competition.
Buenos Aires legislator Ramiro Marra, a key advisor to Argentine President Javier Milei, has highlighted the importance of bitcoin (BTC) and free currency competition. The message took place during an interview, published on January 2, 2025, with the Spanish entrepreneurial YouTuber Adrián Sáenz.
The topic arose from his opinion on the discussion between the President of Russia, Vladimir Putin, and the BRICS to launch a new currency. “If these large countries stop using the dollar as currency and create their own currency, can this affect the United States and the system as we know it today?” asked Saenz.
In response, Marra maintained that he believes that There is a much bigger discussion to be had.. “We are already giving it here in Argentina with the concept of currency competition,” he said. “Understand that currency competition is not between countries or regions, but also with the private sector,” he added.
“Many times the ‘crypto’ world is synthesized based on bitcoin. But we know there are a lot of competing currencies. I believe that the revolution brought by the blockchain, by allowing the creation of decentralized private currencies, generates a space for debate and an expectation about the future.”
Ramiro Marra, Argentine businessman and politician.
Then, the legislator maintained that, If governments want to launch a centralized currency by region, they must take into account that they must compete. “It already happened in Europe with the euro, and I’m sticking with bitcoin,” he commented. “That is the debate they have to do,” he added.
In addition, he points out that today there are also stablecoins, “which offer us the alternative of not discussing the price, but of having the freedom to have the money wherever we want.”
To put it in perspective, he distinguished that “Argentina is a super ‘crypto’ country due to its history and economic situations, in addition to the excess of regulations, especially in the field of the exchange rate system.” “This has caused many people, who were not too interested in the ‘crypto’ world, to be in it out of necessity,” he explained.
In his opinion, One of the big mistakes in the world of cryptocurrencies is to talk only about the price. “A lot is synthesized in that, but it is not the important thing,” he mentioned.
“The important thing is not to make money with bitcoin, the important thing is to understand the revolution that comes behind the blockchain or, rather, the one we are already experiencing,” said Marra.
Unlike fiat money, which is printed unlimitedly, by decision of the government in power, generating inflation, bitcoin has limited decentralized mining. Its issuance decreases by half every four years, through an event called halving that will occur until the supply of 21 million units of BTC runs out in the year 2140.
This fixed supply of bitcoin, which makes it a scarce asset, is one of the factors that attracts demand to its market. Therefore, historically, after each halving, it has experienced a strong upward trend.
As reported by CriptoNoticias, bitcoin is currently trading at 98,000 dollars (USD), registering an appreciation of 120% annually. This, despite having fallen slightly from the all-time high of USD 108,000 that it marked a fortnight ago.
Marra confesses that he did very well with bitcoin
Marra clarified that he likes BTC. “I did very well with bitcoin and, these days when it is at its highest, I am very happy,” he revealed. According to your market analysis projection, you can go for higher prices.
“I made hundreds of videos talking about bitcoin,” exclaimed the legislator, remembering his past as a financial YouTuber before entering politics. When he did the first, the price was at the highs of a bullish cycle and then collapsed. “I said it and it went well with that recommendation,” he highlighted.
Milei’s advisor indicated that the markets have bullish and bearish cycles, which he has been able to take advantage of to trade.. “If there is an asset in which investments did well for me, it was with bitcoin,” Marra confessed. “I took a lot of movements because since it has high volatility it is easy to beat it in buying and selling,” he deepened.
“If I want to go to the supermarket and pay with bitcoin, I will,” Marra said.
“Could we see bitcoin as an official currency in Argentina?” Sáenz asked him in view of the interest of the member of the Argentine government in this asset. “I think that there is no need to have an official currency because having an official currency means determining from the State which one the people want,” Marra replied.
Instead, he clarified that, since the Milei government, they promote a system of currency competition. What does that mean? “If I want to go to the supermarket and pay with bitcoin, I will do it and you are going to decide, as a merchant, in what currency you receive it,” he explained. The specialist clarified that it is very easy to do that because today technology allows it.
“What we cannot allow is for them to impose something on us, because when they impose something on you, you do not have freedom,” the legislator distinguished. “We promote the currency competition system,” he added, emphasizing that It is not an ideal, it is logical.
“It would have to be everyone’s ideal. “Why are we going to force someone to use a particular currency?” Marra concluded. This is not the first time that Milei’s advisor talks about the importance of massifying this idea in the world.
