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Decentralized Democracy

House Hansard - 129

44th Parl. 1st Sess.
November 17, 2022 10:00AM
  • Nov/17/22 3:47:42 p.m.
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  • Re: Bill C-32 
Mr. Speaker, I will start by reading this quote: “[G]overnment is ruining the Canadian dollar, so Canadians should have the freedom to use other money, such as Bitcoin.” This is what was said by the Leader of the Opposition about six or seven months ago. We know that since he made those comments, Bitcoin is now down by 65%, and the reality is that when we look at scandals like the FTX scandal, it is very obvious that the decentralization of currency is not a stable form and will never compare to something like the Canadian dollar. I am wondering, since he made that comment, if the Leader of the Opposition has had the opportunity to reflect on his position, and if he has since then adjusted his position on Bitcoin and cryptocurrency.
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  • Nov/17/22 5:21:20 p.m.
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  • Re: Bill C-32 
Madam Speaker, I must admit I am slightly taken aback by the member's intervention today, although I am not surprised, because I continually hear the same thing from Conservatives. Conservatives like to portray themselves as the saviours of the economy. As one of my colleagues said earlier, they like to think they are the be-all and end-all when it comes to economic and monetary policy. We know that as the individual by whom this individual is led in the House and in the Conservative Party, the Leader of the Opposition's solution to investing and to the Canadian dollar was to get away from the Canadian dollar and move towards Bitcoin. I wonder if this member would—
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