Since Canadian Prime Minister Justin Trudeau said political rival Pierre Poilievre’s call for Canadians to buy bitcoin was irresponsible, the digital asset is up 15%, beating inflation and the S&P 500. Despite Trudeau’s hostility towards crypto, several Liberal Members of Parliament own digital assets.
One year ago, Canadian Prime Minister Justin Trudeau warned that opposition leader Pierre Poilievre’s suggestion that Canadians invest in bitcoin (BTC) to beat inflation was “not responsible leadership.”
However, despite the market-shaking events that occurred in the months after Trudeau’s warning, which kicked off a deep crypto winter, it turns out that Poilievre’s advice was sound.
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