8
Canadian Prime Minister Candidate Pierre Poilievre said a government led by him will be focusing to create a decentralized economy. Pierre Poilievre promises to utilize the potential of cryptocurrencies, such as Bitcoin and Ethereum, and blockchain technology. Moreover, he believes Canadians should have the freedom to use Bitcoin and other digital assets as money.
Canadian Minister Pierre Poilievre Believes in Decentralized Economy
Pierre Poilievre, the Canadian Prime Minister candidate for the Conservative Party, said on Monday the government under him will look to decentralize the Canadian economy with the adoption of cryptocurrencies, including Bitcoin. Moreover, the government will look to reduce the influence of central banks, broadening the money choices available to Canadians.
Criticizing the Bank of Canada’s $400 billion in cash out through quantitative easing during the COVID-19 crisis, Pierre Poilievre said:
“Government is ruining the Canadian dollar, so Canadians should have the freedom to use other money, such as bitcoin.”
Furthermore, while speaking at a Bitcoin payment-focused shawarma shop in London, Ontario, he blamed the central bank for the 30-year-high inflation rate and record housing prices as a result of using quantitative easing policy to create an artificial money supply.
Urging Canadians to take control of their money by using bitcoin as an inflation hedge and a store of value, he said:
“Choice and competition can give Canadians better money and financial products. Not only that, but it can also let Canadians opt-out of inflation with the ability to opt-in to crypto currencies.”
Making Canada the “Blockchain Capital of the World”
Currently, Canadian Prime Minister Justin Trudeau has built a hostile environment against crypto as a result of the Freedom Convoy protests in Ontario. Moreover, there is a lack of understanding and regulatory clarity on crypto.
Through the use of Bitcoin and blockchain technology, Prime Minister Candidate Pierre Poilievre looks to attract the crypto community to support him. Moreover, creating a decentralized economy with the use of crypto adoption and blockchain technology, while providing Canadians the freedom to explore the crypto market.
“Canada needs less financial control for politicians and bankers and more financial freedom for the people.”
- Trending
- Price Analysis
- Huobi Plans To Launch Crypto ETF In Hong Kong- Report
- Canadian Prime Minister Candidate Promises Bitcoin And Blockchain Economy
- WAVES Token Rallies 50% To A Record High, Here’s Why
- Terra Buys an Additional $135 Million Worth of Bitcoin (BTC), LUNA Price Hits $100
- Bitcoin (BTC) Long Term Holder Accumulation Hits New High, Ethereum (ETH) Whales Addresses Increase
- Plan B: Bitcoin Price Has A Shot At Imitating 2011 Bullish Price Move
- U.S. Senators Join Hands to Unveil Framework For Crypto Regulation
- GALA Coin Enters Top 10 Tokens Bought By ETH Whales; Price Up By 16%
- Breaking : Silk Road’s Ross Ulbricht To Unroll NFT Market Collection
- Is ApeCoin (APE) Only Making The Rich Richer?
- GALA Price Prediction: Hit One-Month Highs Around $0.29; Is $0.40 Next On The Cards?
- Terra Price Prediction: LUNA Price Aims $100 Plus, But The Indicator Says Otherwise
- Decentraland Price Prediction: MANA Price Advances Toward $3.40 Amid Sustained Buying Momentum
- Cardano Price Prediction: ADA Price Up 40% Since Last Week; Charts Signal $1.25 Next
- ApeCoin Price Prediction: RSI Bearish Divergence Hints Price Correction Toward $13.0
- MATIC Price Prediction: Double Bottom Pattern Could Lead MATIC Price To $2
- Solana Price Prediction: SOL Price Targets $130.0 Above 200-day EMA
- Ethereum Price Analysis: ETH Price Teases Bullish Breakout From $3400; Time To Sell?
- XRP Price Prediction: XRP Price Aims $1 As It Sails Higher Within A Rising Wedge
- Cardano Price Prediction: ADA Price Regains $1 Mark; Ready To Buy?
