Belgium MP Vowed to Convert His Entire 2022 Salary to Bitcoin

Christophe De Beukelaer, a Brussels Member of Parliament, has decided to follow the example set out by two US mayors and convert his salary to BTC. However, he will take it up a notch by having his entire 2022 income in the form of the primary cryptocurrency.

  • According to a recent media coverage, Christophe De Beukelaer has pledged to convert his entire 2022 salary as a Brussels deputy (5,500 euros per month) in bitcoin, which he described as “digital gold.”
  • He will be able to do so following a partnership with a Belgium cryptocurrency company called Bit4You.
  • “Through this action, I want to demonstrate my confidence in a financial world in the making, a more transparent financial world, more accessible in the sense that it is decentralized. It is not run by a few people who decide to print more or less banknotes without any parliamentary control or debate.” – he commented.

  • He also outlined some of the most worrying issues of today’s financial landscape, such as the excess amount of fiat currency printing by central banks and the subsequent inflation.
  • He also urged his home country to be more active in adopting cryptocurrencies and their underlying technology – blockchain, saying he doesn’t want Belgium to “miss the train.”
  • De Beukelaer said he will be the first European politician to convert his salary to BTC. However, this has already been done across the pond.
  • As CryptoPotato reported, Miami’s pro-bitcoin mayor was the first to do so. Later on, the newly-elected mayor of New York City, Eric Adams, took it a step further. He wants to have three checks converted into bitcoin (and ether).

Featured Image Courtesy of Le Capitale

SPECIAL OFFER (Sponsored)
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 25% off trading fees.

You Might Also Like:


.custom-author-info{ border-top:none; margin:0px; margin-bottom:25px; background: #f1f1f1; } .custom-author-info .author-title{ margin-top:0px; color:#3b3b3b; background:#fed319; padding:5px 15px; font-size: 20px; } .author-info .author-avatar { margin: 0px 25px 0px 15px; } .custom-author-info .author-avatar img{ border-radius: 50%; border: 2px solid #d0c9c9; padding: 3px; }

The post appeared first on CryptoPotato

Buy Bitcoin with Credit Card

BitMex Leverage Trading

Automated Trading Bot

Related Posts

Leave a Reply

Bitcoin (BTC) $ 95,057.47 1.71%
Ethereum (ETH) $ 3,281.08 1.77%
Tether (USDT) $ 0.999883 0.00%
XRP (XRP) $ 2.17 2.42%
BNB (BNB) $ 660.32 0.01%
Solana (SOL) $ 181.61 0.86%
Dogecoin (DOGE) $ 0.311553 1.13%
USDC (USDC) $ 1.00 0.03%
Lido Staked Ether (STETH) $ 3,277.47 1.88%
Cardano (ADA) $ 0.881377 1.13%