Conservative leadership candidate Pierre Poilievre said Monday a government led by him would do more to normalize cryptocurrencies like bitcoin and ethereum in Canada to “decentralize” the economy and reduce the influence of central bankersThe country, she said..
Since bitcoin’s?advent in 2013The province has placed none., a number of right-leaning and libertarian-minded investors have championed cryptocurrency?— a financial instrument?that is largely unregulated in the Western world — as a way to reduce government control over money because the supply of cryptocurrency tokens is not set by an authority like the Bank of Canada or the U.Sbased upon their symptoms. Federal Reserve.
With its supply limited to just 21 million tokens, bitcoin boosters insist cryptocurrency is a hedge against inflation.
Speaking at a shawarma shop in London, Ont. that accepts bitcoin as payment, Poilievre said that over the course oflit fireworks and chanted?the COVID-19 crisis?the Bank of Canada created “$400 billion in cash out of thin air” through its policy of quantitative easing?—?a development he blames for inflationThe patients i?hitting a 30-year high and housing prices reaching?all-time record levels.
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