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Belgium MP Vowed to Convert His Entire 2022 Salary to Bitcoin

Jordan Lyanchev Jan 27, 2022 15:01
The number of politicians wanting to convert their salaries to bitcoin continues to increase.

Christophe De Beukelaer, a Brussels Member of Parliament, has decided to follow the example set out by two US mayors and convert his salary to BTC. However, he will take it up a notch by having his entire 2022 income in the form of the primary cryptocurrency.

  • According to a recent media coverage, Christophe De Beukelaer has pledged to convert his entire 2022 salary as a Brussels deputy (5,500 euros per month) in bitcoin, which he described as “digital gold.”
  • He will be able to do so following a partnership with a Belgium cryptocurrency company called Bit4You.
  • “Through this action, I want to demonstrate my confidence in a financial world in the making, a more transparent financial world, more accessible in the sense that it is decentralized. It is not run by a few people who decide to print more or less banknotes without any parliamentary control or debate.” – he commented.

  • He also outlined some of the most worrying issues of today’s financial landscape, such as the excess amount of fiat currency printing by central banks and the subsequent inflation.
  • He also urged his home country to be more active in adopting cryptocurrencies and their underlying technology – blockchain, saying he doesn’t want Belgium to “miss the train.”
  • De Beukelaer said he will be the first European politician to convert his salary to BTC. However, this has already been done across the pond.
  • As CryptoPotato reported, Miami’s pro-bitcoin mayor was the first to do so. Later on, the newly-elected mayor of New York City, Eric Adams, took it step further. He wants to have three checks converted into bitcoin (and ether).

Featured Image Courtesy of Le Capitale. This article was first published on: Jan 27, 2022 

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Jordan Lyanchev

Jordan got into crypto in 2016 by trading and investing. He began writing about blockchain technology in 2017 and now serves as CryptoPotato's Assistant Editor-in-Chief. He has managed numerous crypto-related projects and is passionate about all things blockchain. Contact Jordan: LinkedIn

Tags: Bitcoin