The President of Argentina, Milai, clarified: he did not promote but only shared information about LIBRA

Argentinian President Mila stated on a TV program, "I acted in good faith and ended up being hit. Did the country lose? No. Did Argentinians lose? At most four or five. The vast majority of investors are Chinese and Americans. I share this information just like the hundreds of things I have shared before. My tweet was sent out three minutes after the creation of the currency because I am passionate about these things and understand them well. These people are volatility traders who know what they're doing. Saying that 44,000 people were affected is false; at most only 5,000 were affected. The likelihood that it involves Argentinians is very small as these are highly professional individuals in terms of financial instruments involved here - those participating knew very well the risks they were taking - they are volatility traders too! This is a private matter between individuals who voluntarily participated in it.

I did not promote LIBRA; I merely shared information about LIBRA because I am a firm techno-optimist by nature – any initiative that can improve financing for tech entrepreneurs attracts me greatly! 

I didn't make a mistake since my actions were based on goodwill but when seeing its consequences, I realized there's still much to learn from this experience – understanding how to act post-presidency just like before isn’t easy unfortunately... This situation made me realize that my screening standards need improvement so as not to be easily accessible anymore."