ICYMI: Sorry crypto folks, Pierre Poilievre doesn’t want to be friends anymore — via financialpost Finance Cryptocurrency
Not since that May Conservative leadership debate, when, amid rapidly falling prices, his rivals attacked him for calling bitcoin a good investment, and poor he had little to say in defence.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
Remember early 2022? It seems so distant in the rear-view mirror. Back then, bitcoin was still ripping and roaring. It was off its nearly US$70,000 peak, but still strong and even appreciating, at one point topping US$47,000. But with the subsequent crash, when bitcoin tumbled to less than US$20,000 and the whole wider sector sank, pushing cryptocurrency alienated all the non-fans.
Poilievre was lucky in that he had long been the perceived frontrunner in the Conservative leadership race, and his main rival, Brampton Mayor Patrick Brown, got disqualified. Otherwise, his dalliance with cryptocurrency could have really cost him.
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