Comment by throw0101a

> Although it was originally intended to be cash it actually now is used as a "store of wealth"

For some definition of "actually", given how much it has dropped recently. When he was still a just a candidate, the current Opposition leader in Canada was very excited about Bitcoin:

> As Poilievre campaigned for the Tory leadership on the way to a landslide victory, he spoke positively about decentralized finance and cryptocurrency. At one point, he argued that crypto would allow Canadians to "opt-out" of inflation, which was soaring at the time. And he famously used Bitcoin to purchase a shawarma at a London, Ont., restaurant in March 2022.

* Nov 2023: https://www.cbc.ca/news/politics/cryptocurrency-political-co...

> In 2022, when Pierre Poilievre was a Conservative leadership candidate, he said he’d make Canada the crypto capital of the world. According to him, the Bank of Canada was “ruining” the Canadian dollar, printing money and ramping up inflation to fund COVID-19 relief. His solution? Give Canadians crypto as an alternative currency.

* Apr 2025: https://macleans.ca/politics/who-stands-to-win-in-poilievres...

Given the noise that was made about inflation at the time and the (alleged) devaluation of the CAD, I'm curious to know what the inflation rate equivalent would be now (Feb 2026) if Bitcoin is used as the monetary base.