Pierre Poilievre, a member of Parliament, won the Conservative Party of Canada's election to become the party's next leader, which took place on Saturday.
In the voting, the new leader received more than 68% of the total votes, giving him the advantage over his nearest challenger, who received nowhere near this proportion. Former Quebec premier Jean Charest received 16% of the vote overall and had no chance of overtaking the party leader's percentage. The party leader won the majority of votes in every voting constituency in Canada.
Poilievre is now prepared to compete with Justin Trudeau for the position of the prime minister of Canada in the 2025 national election because he is the new head of the CPC. This suggests that Canadians may eventually get the chance to pick a Prime Minister who supports Bitcoin.
The newly elected leader made it clear last year that the people of Canada should be able to use their money however they see fit, including using cryptocurrencies like Bitcoin, and that the government is working to destroy the Canadian dollar.
Additionally this year, sources indicate that Poilievre, who supported the vaccine protest, has frequently criticized the Liberal Government's intrusive meddling in private matters. He also attributes the nation's current high rate of inflation to the central bank.
Poilievre has assured the public that, if elected as prime minister, he will repeal and rationalize the laws and regulations that currently control the use of cryptocurrencies after consulting with provincial authorities. This is owing to his support for their increased use. He sees cryptocurrency as a solution to the nation's inflation crisis.
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He has been a promoter of bitcoin. During his CPC leadership campaign in London, Poilievre purchased shawarma using bitcoin as payment. He also owns over $10,000 in Purpose Bitcoin units. Poilievre does not appear to be a massive admirer of fiat money, like the majority of ardent Bitcoin supporters. He has blasted the Bank of Canada for doing nothing to rein in spiraling inflation.
Additionally, he pledged to review the bank's operations, dismiss the governor, and prevent the creation of a central bank digital currency (CBDC) while serving as prime minister.
Insisting that the Bank of Canada shouldn't be creating its digital currency because it shouldn't be involved in it, he said he would abandon it and let the Auditor General investigate their $400 billion money-laundering scandal. Earlier this year, Poilievre posted this tweet.
