Not taking the time to learn about BTC is ‘Europe’s biggest risk,’ says Belgian MP


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Christophe De Beukelaer is the primary European politician to convert his entire salary to Bitcoin (BTC). He kicked off 2022 with the daring transfer, hoping to boost consciousness about Bitcoin and various financial fashions, monetary schooling and get individuals speaking.

De Beukelaer first received into Bitcoin and blockchain in 2017, and foresees a future wherein Bitcoin and cryptocurrencies play a job as a “counterpart to the standard monetary world.” He gave an interview to Cointelegraph to delve deeper into his imaginative and prescient for Bitcoin and his motivations behind being paid in Bitcoin.

When requested about how lengthy it took to become familiar with Bitcoin and “go down the rabbit gap,” De Beukelaer mentioned that not taking the time to be taught in regards to the protocol is “One of many greatest dangers we’ve in Europe for the second.” He defined:

“The political individuals do not take time for this journey. They’re very busy with the day-to-day administrations of the cities and the international locations, however they do not cease and say, OK, what’s occurring now? What are the large evolutions coming within the subsequent 10, 20, 50 years? And that is the job.”

The 34-year-old Brussels Minister conceded that the lack of knowledge surrounding the cryptocurrency and Bitcoin area is a “large downside,” and that if Europe doesn’t get its arms soiled with the cryptocurrency area, then “Asia [or] the U.S. will determine all the pieces.”

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In his view, being paid in Bitcoin is a superb method of elevating consciousness in regards to the area and as knowledgeable European official, the act brings one other layer of credibility to the area.

When pushed on a Bitcoin value prediction for 2022, he masterfully dodged the query, joking that 2022 would supply “an unbelievable efficiency.”