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Canada’s new Prime Minister once said that Bitcoin has ‘serious shortage’


Canada’s Liberal Party announced Canada’s new Prime Minister Mark Carney, a former central banker and Bitcoin critic with plans to fight against the US ‘recently introduced tariffs.

Carney won on March 9 in a landslide Vote To choose the replacement for Justin Trudeau, who has held the position for more than seven years.

Carney served as governor of the Bank of Canada between 2008 and 2013 before crossing the Atlantic Ocean to serve as governor of the Bank of England for the next seven years. She is said Local media on March 1 that he began the process of turning away from his UK and Irish citizens.

Source: Canada’s Liberal Party

He is contrary to bitcoin (Btc) Since at least March 2, 2018, when he Says Bitcoin’s fixed supply cap results in “severe deficiency.”

“If those who do not remember the past are condemned to repeat it, ‘the backdrop of a virtual gold standard would be a criminal made of finances of amnesia.”

“Bitcoin’s fixed supply fed a global speculation that encouraged the proliferation of new cryptocurrencies,” Carney said in his speech in the future of money while serving as governor of the leading bank of England.

Carney also said that Bitcoin and cryptocurrencies have proven to be “not good short -term value stores.”

“If you got a 1,000 pounds of Bitcoin study loan last December to pay off your living costs for next year, you’ll be short of almost 500 pounds now. If you do the same September, you’ll be 2,000 pounds earlier. That’s a lottery.”

In the same paper, Carney won Central bank digital currency, stating that they can expand access to banking to more individuals and businesses while suggesting that it will help central banks “fight terrorism and economic crime.”

However, Carney is also a member of the board To the stripe processor firm firm from February 2021 to January 2025. During that time, Stripe implemented A set of crypto payment solutions between 2022 and 2024.

Carney’s negative views on Bitcoin and Crypto have already appeared even more powerful than Trudeau’s, that once described opposition’s pro-crypto platform Pierre Pollievere as “reckless.”

“Telling people that they can opt out inflation by investing in cryptocurrencies is not responsible leadership,” Trudeau said in September 2022.

Carney plans to fight Trump with tariffs

In his March 9 success in success, Carney Called Out US President Donald Trump for “attacking Canadian families” and attempt to weaken Canada’s economy by tariffs.

“Donald Trump has put on fair tariffs on what we are building, sell and how we live,” Carney said.

Related: A third of central banks is cool in launching CBDCs in regulatory concerns

The Canadian government “correctly reacted” to tariffs, which Carney said staying in place Until “the Americans show us respect.”

Mark Carney speaks to his March 9 speech success. Source: Cable Public Affairs Channel

He added that Canada “will never be part of America in any way, shape, or form” – another comment in response to Trump’s intent to make Canada the 51st US state.

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