Canadian PM candidate wants to allow bitcoin payments

Pierre Poilievre, Canada’s conservative prime minister candidate, believes that citizens should be able to use bitcoin and other cryptocurrencies as money.

Pierre Poilievre supports BTC

Pierre Poilievre, the Conservative Party’s candidate for Prime Minister, has advocated allowing Canadians to use bitcoin (BTC) as legal tender.

Poilievre says in a video that Canadians need “more financial freedom.”

He said, “freedom to own and use cryptocurrencies, tokens, smart contracts, and decentralized finance. “People should be able to pay in other ways. If the government wants to misspend our money, we should be able to use better money.”

Canadian Prime Minister Justin Trudeau’s Liberal Party adopted a tough stance on cryptocurrencies earlier this year in response to protests by drivers from the Ontario Freedom Convoy. Protesters’ bank accounts were frozen in January and February, and Canadian officials tried to block all donations to truckers, including those made in cryptocurrencies.

Koleya Karringten, executive director of the Canadian Blockchain Consortium (CBC), told Cointelegraph that Canada is currently “a hostile environment” for cryptocurrencies. He laid the blame on the government, which he believes does not understand the notion of blockchain.

Read Also: The province of Alberta wants to promote cryptocurrencies

Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.

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