Founder of Mercado Libre: Bitcoin is essential because governments cannot devalue it

Marcos Galperin believes that cryptocurrencies will have a leading role in the finances of the future.

The executive was clear in saying that bitcoin (and cryptocurrencies in general) are the future of finances since they offer new possibilities to their users. This is especially under the framework of how governments act when they require funds and resort to new debts, which increases the fiscal deficit.

When you see the fiscal deficits that exist in all the governments of the world, having a currency that governments cannot devalue, such as bitcoin, is absolutely fundamental to me, and I also believe that it is a currency that gives freedom to people and individuals independently of governments, and I believe that this is super valuable for society, for people

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