{"id":1482,"date":"2022-01-28T21:42:00","date_gmt":"2022-01-28T21:42:00","guid":{"rendered":"http:\/\/cryptoheretostay.com\/?p=1482"},"modified":"2022-01-28T21:42:01","modified_gmt":"2022-01-28T21:42:01","slug":"belgian-member-of-parliament-to-convert-entire-2022-salary-into-bitcoin","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=1482","title":{"rendered":"Belgian Member of Parliament to convert entire 2022 salary into Bitcoin"},"content":{"rendered":"<p> <script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<\/p>\n<p>Brussels MP Christophe De Beukelaer will convert his salary into Bitcoin, and this, throughout the whole of 2022. As reported by the Belgian news outlet 7sur7, thanks to the Bit4You platform, the MP\u2019s monthly salary will be automatically converted into bitcoin (BTC).<\/p>\n<p>As markets have been quite volatile of late, this might seem like a risky bet. At its all-time high in November, BTC was trading at $59,000 and is at the time of writing down to around $36,500.<\/p>\n<h2><strong>\u201cWe are at the dawn of a revolution\u201d<\/strong><\/h2>\n<p>De Beukelaer, however, doesn\u2019t seem to be deterred by choppy markets. \u201cWe are at the dawn of a revolution of the same order as what we experienced with the Internet 30 years ago\u201d, declared Christophe De Beukelaer in a press release. \u201cA revolution that will disrupt all sectors, starting with finance, insurance and governance.\u201d<\/p>\n<p>Christophe De Beukelaer, Brussels deputy cdH<\/p>\n<p>According to De Beukelaer, it is the role of politicians to make the population aware of these societal changes that are coming. \u201cWe can no longer remain ignorant of this new world! It\u2019s a bit like hanging on to the carriage or the candle as the cars and light bulbs appear.\u201d<\/p>\n<p>By converting his MP salary into bitcoin, Christophe De Beukelaer wishes to open his eyes to at least three objectives \u2013 to demonstrate his confidence in this new technology that is being born.<\/p>\n<p>\u201cI want to show that you can already now intelligently invest part of your money in a new store of value to balance your financial life.\u201d<\/p>\n<h2><strong>Provoke deep reflection on the monetary system<\/strong><\/h2>\n<p>The Belgian MP would also like to call on economic and political actors to take an interest in blockchain technology. According to him, American and Asian finance are investing massively and Europe is lagging behind.<\/p>\n<p>\u201cAre we going to wake up in ten years to find that we missed the train? It is therefore urgent that political and economic decision-makers take a serious interest in this new technology.\u00a0 As power and counter-power are needed in politics, the same is true in the monetary field.\u201d<\/p>\n<p>Christophe De Beukelaer\u2019s final motivation for his move is to provoke deep reflection on the monetary system.<\/p>\n<p>\u201cAll economists warn us that we are entering a very risky period: loss of confidence, inflation, the printing of banknotes like never before, digital euro\u2026 However, these subjects are never addressed in the democratic debate. What is currency? What\u2019s the point? What role for a Central Bank? I want to bring these topics to the public square in 2022,\u201d the MP says.<\/p>\n<p>Nevertheless, Christophe De Beukelaer warns citizens about this form of investment. \u201cAs with any financial investment, you have to make your choices with great care. Personally, I can afford to make this decision because I am privileged and have been able to save money. Let\u2019s be clear, I do not advise anyone to pay their entire salary in Bitcoin.\u201d<\/p>\n<p><h2>CryptoSlate Newsletter<\/h2>\n<\/p>\n<p>Featuring a summary of the most important daily stories in the world of crypto, DeFi, NFTs and more.<\/p>\n<h2>Get an edge on the cryptoasset market<\/h2>\n<p>Access more crypto insights and context in every article as a paid member of CryptoSlate Edge.<\/p>\n<p>  <strong>On-chain analysis<\/strong><\/p>\n<p>  <strong>Price snapshots<\/strong><\/p>\n<p>  <strong>More context<\/strong><\/p>\n<p> Join now for $19\/month Explore all benefits<br \/>\n<br \/><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cryptoslate.com\/belgian-member-of-parliament-to-convert-entire-2022-salary-into-bitcoin\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brussels MP Christophe De Beukelaer will convert his salary into Bitcoin, and this, throughout the whole of 2022. As reported by the Belgian news outlet 7sur7, thanks to the Bit4You platform, the MP\u2019s monthly salary will be automatically converted into bitcoin (BTC). As markets have been quite volatile of late, this might seem like a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1483,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[3],"tags":[],"class_list":["post-1482","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/1482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1482"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/1482\/revisions"}],"predecessor-version":[{"id":1484,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/1482\/revisions\/1484"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/1483"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}