SoVote

Decentralized Democracy

Member of Parliament

Joël Lightbound

  • Member of Parliament
  • Liberal
  • Louis-Hébert
  • Quebec
  • Voting Attendance: 66%
  • Expenses Last Quarter: $113,755.58

  • Government Page
Context: House Hansard - 243 - Oct/31/23
Mr. Joël Lightbound (Louis-Hébert, Lib.)
  • Oct/31/23 2:00:16 p.m.
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Madam Speaker, today marks the 15th anniversary of Satoshi Nakamoto's white paper, which gave birth to the Bitcoin network, a fully decentralized peer-to-peer and permissionless way to exchange value. In the words of Twitter founder Jack Dorsey, “the Bitcoin whitepaper is one of the most seminal works of computer science in the last...30 years. It's poetry.” In the words of SEC chairman Gary Gensler, “Satoshi's innovative potential to spur change...is worth pursuing...to lower economic rents...and promote economic inclusion.” I could not agree more. In fact, over the last decade, we have seen Bitcoin empower the underbanked, as well as those living in oppressive regimes. 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. In full disclosure, while 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. Today, let me thank Satoshi Nakamoto, whomever that may be, and wish a happy 15th anniversary to Bitcoin's white paper.
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