Canadian MP urges community to study Bitcoin, cites Gensler’s pre-SEC stance

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Canadian MP urges community to study Bitcoin, cites Gensler’s pre-SEC stance
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Gensler, in an opinion piece in 2019, has written that although there Are thousands of projects in the crypto ecosystem, the one created by Satoshi Nakamoto has the potential to spur change

Lightbound disclosed that he owns Bitcoin himself but won’t advocate for people to buy it but rather study it.On the 15th anniversary of Bitcoin white paper release, Canadian Member of Parliament Joël Lightbound took the opportunity to thank the pseudo-anonymous creator Satoshi Nakamoto on the floor of the Canadian parliament while advocating for people to study Bitcoin.

During his speech on the parliament floor, Lightbound disclosed that he owns Bitcoin himself but won’t advocate for people to buy it but rather study it. He added that Bitcoin was created at a time of financial crisis, and over the years, it has become a tool to empower the underbanked and those living in oppressive regimes.

“Bitcoin has helped thousands of families avoid the tragedy of currency debasement. It stands for the truly progressive ideal. So today, let me thank Satoshi Nakamoto, whoever that may be and wish a happy 15th anniversary to the Bitcoin whitepaper,” said the Canadian MP. During his speech, the MP cited two key quotes, one from the former Twitter CEO and bigtime Bitcoin advocate Jack Dorsey and another from the United States Securities and Exchange Commission chief Gary Gensler, which came as a surprise to many given Gensler’s hostile crypto approach after becoming the SEC chief. However, it is important to note that the quote cited by the MP is from 2019 when he was not the SEC chief. – “either directly or indirectly as a catalyst.

Prior to his stint as the SEC chief, the crypto community was quite positive about Gensler’s appointment, given his crypto teaching background. However, his stint as the SEC chief has been replete with controversies and disappointment for the crypto community.3 things we might see from crypto as 2023 winds to an end

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