Belgian MP Receives Entire Salary in Bitcoin – Says Crypto Adoption Will Be Exponential” – Featured

A member of the Brussels Parliament, Christophe De Beukelaer, says he will receive his entire salary in Bitcoin this year. He believes technology will disrupt all industries and crypto adoption will be “exponential.”

Belgian MP says he will receive his entire salary in Bitcoin – “We can no longer ignore this new world”

Christophe De Beukelaer, a member of the Brussels Parliament, said in a blog post on his personal website that he will receive his 2022 salary in Bitcoin.

The lawmaker explained that “with blockchain we are at the beginning of a revolution of the same magnitude as we experienced with the Internet 30 years ago.” He believes that all sectors will be “disrupted,” adding that in other countries “big institutions are starting to invest massively in crypto assets so as not to miss this gigantic opportunity.”

“It is the task of politicians to make the population aware of these impending social changes,” he emphasized:

We can no longer remain ignorant of this new world. It's a bit like clinging to the carriage or the candle when cars and light bulbs appear. Adoption will be exponential.

To generate interest around Bitcoin and the crypto industry, the lawmaker “has decided to convert his entire salary into Bitcoin for the entire year of 2022,” according to the post.

The legislator said:

I am the first in Europe, but not in the world, to want to shine the spotlight on cryptocurrencies with such an approach.

He further pointed to New York City Mayor Eric Adams receiving his first three paychecks in cryptocurrency. His first paycheck was recently converted in Bitcoin ( Bitcoin ) and ether ( ETH ) via Coinbase. Mayor Adams said he converted his paycheck into Bitcoin to send a message that New York City is open to technology.

"I think it is not too late for Brussels and Belgium to be at the forefront of the cryptocurrency industry. We already have some great companies in this space... but it is time to position ourselves clearly and create a real ecosystem," concluded De Beukelaer.

What do you think about the lawmaker planning to receive his entire salary in Bitcoin? And do you agree with him that crypto adoption will be exponential? Let us know in the comments section below.

Kevin Helms

As a student of Austrian economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects, and the interface between economics and cryptography.

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