Bitcoin maxis bullish on new leader of Canada’s Conservative Party

Xeggex

Bitcoin (BTC) maximalists are celebrating the election of Pierre Poilievre as the new leader of Canada’s Conservative Party due to his pro-crypto views.

Who is Pierre Poilievre?

Pierre Poilievre shot into the limelight earlier this year when he supported truckers’ anti-vaccination protests in Ottawa.

Since then, Poilievre has repeatedly criticized the Justin Trudeau-led government over its policies, blaming the country’s top bank for the high inflation rate and promising to put Canadians’ money back in their hands.

The Canadian government had drawn the ire of the crypto community after it froze over 250 wallets linked to the Ottawa protests.

Poilievre and crypto

The politician became a darling of the crypto industry due to his many pro-crypto proclamations.

In March, Poilievre bought shwarma at a restaurant in Ontario using Bitcoin to demonstrate his support for the industry.

Poilievre said he wants to make Canada the “blockchain capital of the world” if elected prime minister. He has also promised to unleash the power of crypto in the country’s fight against inflation.

The pro-crypto politician had also vowed to stop the proposed Canadian Central Bank Digital Currency (CBDC) project if elected.

Poilievre reportedly owns “units of Purpose Bitcoin, a Canadian-based exchange-traded fund that holds cryptocurrencies.”

What Bitcoin Supporters Are Saying

Vocal Bitcoin supporter Dennis Porter said that if Poilievre “secures the premiership of Canada, it’s only a matter of time before an American president becomes a bitcoiner as well.”

Others such as Samson Mow congratulated Poilievre, adding that there is now a real chance to fix Canada.

Simon Dixon opined, “we need more politicians who understand good money to get through what’s next in our economies.”

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *