CRYPTONAIRE
WEEKLY CRYPTO investment journal
U.K. politician doubles down on Bitcoin despite anti-crypto stance of BOE governor
Despite Bitcoin trading far below its previous all-time high of $20,000, there are more prominent investors, celebrities, and politicians adopting the cryptocurrency than ever before. This much was made clear when Godfrey Bloom, a U.K. politician that is also an economist of the Austrian school, announced this week that he has purchased Bitcoin, adding to his investments in precious metals.
Godfrey Bloom, a U.K. politician, embraces Bitcoin This past week, Godfrey Bloom, a British politician who served as a Member of the European Parliament for 10 years, announced his support for Bitcoin. Bloom, responding to a comment from a cryptocurrency investor about the relevance of Bitcoin, said that he made his “first purchases of bitcoin this week.” He added a day later that after a “significant” response to his original tweet, he has decided to spend lots of time following the cryptocurrency.” Bloom asserted that his goal in doing so is to share his experience with his “fellow oldies” to help them “diversify out of fiat currencies.” Bloom’s growing taste for Bitcoin comes in spite of an anti-crypto stance espoused by the Bank of England governor. Read more...
Cryptonaire Weekly | October 6th 2020
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