Check your U.S. voter registration status or register to vote here.

Image for post
Image for post
Image: Getty Images.

Former EU Parliament Member Has Just Bought His First Bitcoin

More and more people are coming to test Bitcoin.

Sylvain Saurel
Oct 12 · 3 min read

The vast majority of politicians are still very critical of Bitcoin and cryptocurrencies. This is only logical because politicians are among those who benefit the most from the injustice of the current monetary and financial system.

Although the current system suffers from seven deadly sins that will lead to its loss, politicians prefer a status quo situation that preserves their short-term interests.

To see a politician take up the cause of Bitcoin is something very rare. Godfrey Bloom has just done just that. You probably don’t know who he is, but Godrey Bloom is a former member of the European Parliament, where he served from 2004 to 2014.

Godfrey Bloom was elected in 2004 as a representative of the U.K. Independent Party, before finally siding with as an Independent.

Throughout his political career, Godfrey Bloom has been noted for his unconventional positions. In the past, for example, he had called the State an institution of theft, before claiming that the debt crisis had been created by politicians and central bankers from scratch.

He published several books during his career, including one on the Austrian School of Economics. A strong advocate of the gold standard and a system without monetary inflation, Godfrey Bloom even went so far as to call the banking system a gigantic scam in the past.

To see someone from inside the system honestly explain what he thinks of the banking system is always astonishing. It’s amazing but it’s also fun to see that some people are fed up with all the lies that are told to the general public all the time.

Under these conditions, his tweet of October 1, 2020, is hardly surprising:

Image for post
Image for post
Godfrey Bloom Tweet

Godfrey Bloom explains that he has just made his first purchase on the Bitcoin network. He has directly moved into the category of happy owners of a whole Bitcoin.

Godfrey Bloom, a strong advocate of gold and silver, explained that he decided to buy a Bitcoin in order to better understand this system, which was announced as revolutionary.

Seeing a Baby Boomer take this step is something I’m excited about. It shows us that more and more people are beginning to change their opinion about Bitcoin and are seeking to make up their own minds about it.

In front of the excitement that his tweet generated, Godfrey Bloom then made it clear once again that he was simply trying to understand by himself how Bitcoin works, and especially why it triggered such enthusiasm.

I have no doubt that he will end up buying more in the coming months. This is what happens to all those people who enter the Bitcoin world and really want to understand why it is essential for the world of the future.

There is no reason why it should be any different for Godfrey Bloom. We will probably have the opportunity to talk about it again in the coming months.

In Bitcoin We Trust

In Bitcoin We Trust is a place where Bitcoin believers…

Sylvain Saurel

Written by

Entrepreneur / Developer / Blogger / Author. In Bitcoin We Trust: https://www.inbitcoinwetrust.net

In Bitcoin We Trust

In Bitcoin We Trust is a place where Bitcoin believers share their ideas about the upcoming revolution. Blockchain and cryptocurrencies are also covered in this publication.

Sylvain Saurel

Written by

Entrepreneur / Developer / Blogger / Author. In Bitcoin We Trust: https://www.inbitcoinwetrust.net

In Bitcoin We Trust

In Bitcoin We Trust is a place where Bitcoin believers share their ideas about the upcoming revolution. Blockchain and cryptocurrencies are also covered in this publication.

Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore

If you have a story to tell, knowledge to share, or a perspective to offer — welcome home. It’s easy and free to post your thinking on any topic. Write on Medium

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store