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Belgium’s member of parliament becomes first European politician to convert his salary into Bitcoin

By CharlesJanuary 28, 2022
Belgium's member of parliament becomes first European politician to convert his salary into Bitcoin

The Belgian MP will change over his month to month compensation of EUR 5,500 to Bitcoin utilizing the country’s well known cryptocurrency trading platform Bit4You.

Bitcoin (BTC) frenzy among legislators has arrived at the Belgian parliament now, as Brussels individual from parliament Christophe De Beukelaer turned into the primary European lawmaker to change his compensation over to Bitcoin.

The Brussels MP’s month to month compensation of EUR 5,500 ($6,140.75) will be changed over to Bitcoin utilizing the Bit4You crypto exchanging stage, revealed Bruzz. Beukelaer, who addresses Humanist Democratic Center (CDH) party, trusts his move would move different legislators in the locale to show a comparative interest in the incipient tech.

Beukelaer refered to the case of New York City Mayor Eric Adams and how American lawmakers are attempting to make their local states or urban areas Bitcoin centers. He said:

New York City Mayor Eric Adams has spent three months collecting his Bitcoin salary to make New York the Bitcoin hub. I think it is not too late for Brussels and Belgium to play a leading role in the cryptocurrency industry.

Miami Mayor Francis X. Suarez is one more famous administrator who is known for his BTC backing. He has been very vocal with regards to making the city a Bitcoin center point and aside from getting his own compensation in Bitcoin, he has been chipping away at strategies to make a similar choice accessible for the city representatives.

Government officials as well as probably the greatest names in sports have additionally approached to acknowledge BTC pay rates. A sum of seven NFL stars have decided to be paid in Bitcoin. Additionally, NBA stars, for example, Klay Thompson and Andre Iguodala have likewise reported they would acknowledge Bitcoin compensations pushing ahead.

The certainty of sports stars added with a developing number of lawmakers hoping to get compensated in BTC demonstrates the developing fame of Bitcoin as a resource.

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