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Topic: Belgian MP becomes the first European politician to accept salary in Bitcoin - page 2. (Read 248 times)

hero member
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Even though this is a great initiative by him and a good display of being an crypto enthusiast but the title was pretty misleading to be honest, i thought it was the authority which was paying him in bitcoin and he chose to accept that form of payment. Getting your salary and converting it to bitcoin doesn't count as accepting salary in bitcoin to be very honest. But anyways it's a good initiative and maybe initiatives like this will encourage people around thr globe to pay in btc.
sr. member
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He won't receive his salary in bitcoins. He will receive in EUR and then convert it to BTC using an exchange platform.

It's maybe a little thing, but there is a huge difference between saying the MP accepts salary in BTC and he receives EUR and then buys BTC.
If the government was sending him bitcoins to pay his salary from its own wallet, I would agree, but this is not the case.
It's like any other citizen that buys BTC when he receives his monthly cheque and logs in to a website to click a "Buy" button.

There are 3-4 sentences about it, everything else in the article spends time talking about something else. The article looks more like something to market a service (bit4you) than real news. Great marketing...

Quote
The Brussels MP’s monthly salary of EUR 5,500 ($6,140.75) will be converted to Bitcoin using the Bit4You crypto trading platform, reported Bruzz. Beukelaer, who represents Humanist Democratic Centre (CDH) party, hopes his move would inspire other politicians in the region to show a similar interest in the nascent tech
It seems so and he still receives his EUR salary then exchanges it for a bitcoin trading platform, but for whatever reason accepting it in person or exchanging it himself is good news for bitcoin and will set an example that bitcoin is a great asset.
but it would be better if the monthly salary goes straight from the boss's wallet and make two options for MP, employee or worker, and that way workers who receive fiat and bitcoin salary will be compared who in the end all want bitcoin salary after seeing the benefits.
hero member
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Not new that celebrities heads-up with Bitcoin's positivity. Now it's become a trend, after El Salvador's acceptance, Brazil's acceptance they got support over Bitcoin.
and now both institutions and government can realize that they had a mistake not accepting Bitcoin before the Bull Run.
I've heard a news that Domino's franchise a well-known restaurant brand accepted Bitcoin and offered its employe to get paid their salary via Bitcoin.

Very admirable Belgian MP accepted Bitcoin, now his acceptance and honest courage will take his people one step further.
copper member
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He won't receive his salary in bitcoins. He will receive in EUR and then convert it to BTC using an exchange platform.

It's maybe a little thing, but there is a huge difference between saying the MP accepts salary in BTC and he receives EUR and then buys BTC.
If the government was sending him bitcoins to pay his salary from its own wallet, I would agree, but this is not the case.
It's like any other citizen that buys BTC when he receives his monthly cheque and logs in to a website to click a "Buy" button.

There are 3-4 sentences about it, everything else in the article spends time talking about something else. The article looks more like something to market a service (bit4you) than real news. Great marketing...

Quote
The Brussels MP’s monthly salary of EUR 5,500 ($6,140.75) will be converted to Bitcoin using the Bit4You crypto trading platform, reported Bruzz. Beukelaer, who represents Humanist Democratic Centre (CDH) party, hopes his move would inspire other politicians in the region to show a similar interest in the nascent tech
legendary
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Brussels member of parliament Christophe De Beukelaer became the first European politician to accept his salary into Bitcoin. The MP converted to Bitcoin using the Bit4You (crypto exchange platform). The Belgian MP will convert his monthly salary of EUR 5,500 to Bitcoin. Beukelaer hopes his adaptation will inspire other politicians to show a similar interest in the crypto industry.
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."

Source: https://cointelegraph.com/news/belgian-mp-becomes-first-european-politician-to-accept-salary-in-bitcoin

Nicely done Christophe De Beukelaer and it is great that the first European politician to accept Bitcoin and convert his salary is from the Capital of the European Union.That is a great move and as he says he is doing this to inspire others,I am expecting now Dutch and German politicians as the next ones to accept Bitcoin followed by other more conservative countries and their politicians.I see no one except the communist country of China is talking against Bitcoin anymore and this is great for Bitcoin and cryptocurrencies in general.Good things hopefully should follow.
legendary
Activity: 2114
Merit: 2248
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News like this are very important for the growth of bitcoin regardless of the motivation behind them. Many celebrities and politicians could get involved in bitcoin and cryptocurrencies cause it is the trend and would get them a bit of traffic, it could also be used to win over the support o the public (particularly the younger generation).

It is however useful that influential people adopt bitcoin and show their faith in it as it would rub off unto majority of the public that follow them leading to more acceptance for bitcoin and more faith in it as an actual asset and store of value.
full member
Activity: 367
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Brussels member of parliament Christophe De Beukelaer became the first European politician to accept his salary into Bitcoin. The MP converted to Bitcoin using the Bit4You (crypto exchange platform). The Belgian MP will convert his monthly salary of EUR 5,500 to Bitcoin. Beukelaer hopes his adaptation will inspire other politicians to show a similar interest in the crypto industry.
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."

Source: https://cointelegraph.com/news/belgian-mp-becomes-first-european-politician-to-accept-salary-in-bitcoin
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