Canada

Why are you posting a year old article with a completely different topic?

This is the best summary I could come up with:

Conservative leadership candidate Pierre Poilievre said Monday a government led by him would do more to normalize cryptocurrencies like bitcoin and ethereum in Canada to "decentralize" the economy and reduce the influence of central bankers.

that accepts bitcoin as payment, Poilievre said that over the course of the COVID-19 crisis the Bank of Canada created "$400 billion in cash out of thin air" through its policy of quantitative easing — a development he blames for inflation hitting a 30-year high and housing prices reaching all-time record levels.

As the party's finance critic, Poilievre has railed against the policy because he, like some conservative-minded economists, sees the government's ability to print money — which can devalue existing dollars — as a form of taxation.

Poilievre said he'd work with the provinces and territories to eliminate a "cobweb of contradictory rules" that govern crypto and blockchain — the system which records bitcoin and other cryptocurrency transactions.

But bitcoin has had a volatile run in recent months as central banks have increased interest rates to tackle pandemic-driven inflation, making speculative investments less attractive.

In February, Poilievre appeared on a cryptocurrency podcast hosted by a bitcoin trader who has promoted COVID-19 conspiracies and has compared central banking policies to slavery and Nazi Germany.

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