#BitcoinHashRateSurge

Poilievre has promised to make Canada the “Blockchain capital of the world” if he becomes Prime Minister, while also rejecting a China-style crackdown on crypto, and ensuring a regulatory framework to encourage blockchain companies to operate across Canada.

Trudeau has openly ridiculed Poilievre’s support for cryptocurrencies, arguing that investing in such volatile assets is not responsible and could lead to the destruction of people’s savings. Poilievre, on the other hand, believes that cryptocurrencies offer an alternative to the current financial system and the ability to opt out of inflation. He has also stated that he would end the proposed Canadian Central Bank Digital Currency. Poilievre’s financial disclosures have shown that he has holdings in a Canadian-based Bitcoin exchange-traded fund.