Pierre Poilievre becomes new leader of Canadian Conservative Party
With 68% of the vote, pro-crypto politician Pierre Poilievre became the new leader of the Canadian Conservative Party.
As the new leader of the Conservative Party in Canada, Pierre Poilievre is a keen supporter of Bitcoin and a critic of the central bank. He believes that the central bank has worsened the inflationary environment in the country, and he is committed to working towards a better economic future for all Canadians.
It is disheartening to see the government taking such drastic measures to quell dissent. Canadians have a right to protest their government, and by freezing bank accounts and shutting down cryptocurrency exchanges, the government is only silencing its people. This move will only serve to further alienate Canadians and push them away from the government. Pierre Poilievre was right to speak out against this move, and I hope that more people will join him in doing so.
Canada's Next Prime Minister May Be a Crypto Fan
It is exciting to see Pierre Poilievre elected as the new leader of the Conservative Party of Canada. I believe that he has the potential to be an excellent Prime Minister, should the Conservative Party win the upcoming elections in 2025. I believe that his leadership will be good for the party, and good for Canada as a whole.
Poilievre is a big fan of cryptocurrencies and seems determined to promote and develop the sector in Canada. In March this year, he demonstrated his support for Bitcoin by paying for shawarma in the digital asset. His move is seen as a positive step towards further legitimizing cryptocurrencies.
If Pierre Poilievre becomes Prime Minister of Canada, he has vowed to remove taxes on cryptocurrency donations. This would be a huge boost for charities and non-profit organizations who often rely on donations to continue their work. It would also encourage more people to donate to these organizations, as they would know that their money would go further.
It is clear that the trucking industry is not happy with the new restrictions put in place by the government. They have taken to protesting in a big way, and it is unlikely that they will back down anytime soon. It will be interesting to see how the government handles this situation, and whether or not they will be able to come to a compromise with the truckers.
It is alarming that the government is taking such drastic measures to quash dissent. Freezing people's assets without due process is a clear infringement on their rights. Cryptocurrencies like Bitcoin represent financial freedom for people, and the government should not be able to block their use. This is a slippery slope that could lead to even more oppressive measures down the road.
Why the central bank is bad for the economy
Poilievre is right that Canada's central bank policies are one of the reasons behind the current record inflation. However, alternatives such as bitcoin are not the answer to the country's current economic woes.
First @bankofcanada warns of “deflation”.
Then prints $400B for Trudeau to borrow, causing worst inflation in 30 years.
Now “rebuke” me for predicting inflation & supporting people’s freedom to use alternatives like #Bitcoin.
Restore sound money. Join: https://t.co/d9I1ky9w2t
— Pierre Poilievre (@PierrePoilievre) April 26, 2022
I believe that the BoC's launch of a CBDC is a positive step forward. Although some people may see it as risky, I believe that it could actually improve people's financial well-being. With a CBDC, people would have more access to banking services and could potentially avoid high fees. In addition, a CBDC could help to reduce financial crime. Overall, I believe that the benefits of a CBDC outweigh the risks.
I believe that the CBC is a great source for news and information. I think that they provide a valuable service to the public and I appreciate their commitment to quality journalism.
I am glad to see that the new leader of Canada's Conservative Party is a crypto proponent. I believe that cryptocurrencies have the potential to revolutionize the financial world, and it is encouraging to see a political leader supporting this innovative technology.