Canadian Liberal MP Joel Lightbound, who previously disagreed with his own party on Covid mandates and the Freedom Convoy, has does so again with praise for Bitcoin.
Liberal MP strays from party by endorsing Bitcoin | True North | Cosmin Dzsurdzsa:
November 1, 2023 - "Liberal MP Joel Lightbound made an unexpected endorsement of Bitcoin during Tuesday’s session in the House of Commons, contrary to past denouncements of the cryptocurrency by the Liberal government. The Quebec MP highlighted how Bitcoin can help people in tough financial situations and those living under oppressive regimes. He encouraged everyone, especially progressives, to study Bitcoin, stating that it represents a progressive idea.
“'Over the last decade, we have seen Bitcoin empower the underbanked, as well as those living in oppressive regimes,' Lightbound explained. 'Women, for instance, use Bitcoin all over the world to evade unjust restrictions on their financial freedoms. It has also helped thousands of families avoid the tragedy of currency debasement....
''I do own Bitcoin, I am not advocating for anyone to buy it, but I do advocate for everyone to study it, progressives in particular, because, after all, Bitcoin was born in the midst of the great financial crisis as an alternative to big banks, greed, and the system that never failed to bail them out. It stands for a truly progressive ideal,' Lightbound stated.
"This endorsement of Bitcoin stands in contrast to the criticism the Liberals have directed at Conservative leader Pierre Poilievre, who has previously praised the digital currency. Last year, Prime Minister Justin Trudeau criticized Poilievre’s suggestion that Bitcoin could be used as a hedge against inflation....
"Poilievre has been an outspoken supporter of Bitcoin, even pledging to make Canada a blockchain hub while he ran for the party’s leadership. 'Government policies are harming the Canadian dollar, so Canadians should have the option to use other currencies, like Bitcoin,' Poilievre stated during a rally last year.
"This is not the first time MP Lightbound has strayed from his party’s stance on certain issues, last year he voted in in support of a Conservative motion to end Covid-19 restrictions and mandates."
Read more: https://tnc.news/2023/11/01/liberal-mp-endorse-bitcoin/
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