Canadian PM candidate supports freedom to use Bitcoin as money

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A candidate for Prime Minister of Canada has stated in no unclear terms that he supports the economic freedom of his people through Bitcoin, DeFi, and smart contracts.

The Executive Director of the Canadian Blockchain Consortium Koleya Karringten told Cointelegraph today that right now “it’s a hostile environment from the Liberal government towards crypto,” which is “due to a lack of knowledge, understanding, and regulatory clarity.”

“It’s important to have a strong advocacy position to educate the government on blockchain. Once they see the level of tax revenue, they will know this isn’t an industry for criminals, it’s an industry for innovation.” Karringten believes there are now more crypto holders following the complications caused by PM Trudeau invoking the Emergencies Act in February. The non-profit organizationDespite his fervency, Poilievre’s support of cryptocurrency may still only resonate with a small group of Canadians. By last October, research firm

had determined that only about 14% of Canadian citizens over the age of 18 owned cryptocurrency. However, that number is up from just 3% in 2016, signaling a tremendous growth rate.

 

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PierrePoilievre 1) he is not a PM candidate. We are nowhere close to having an election, we just had one. 2) the current government is fairly pro crypto compared to other countries. We have btc and eth ETFs. And adopting btc mining. I think next election will see multple pro crypto platforms

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PierrePoilievre “People should have the freedom to choose other money. If the government is going to abuse our cash, we should have the freedom to use other, higher quality cash.” - PierrePoilievre

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