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Former EU Parliament Member Godfrey Bloom Who Calls Banking System a Scam Bought His First Bitcoin

Former Member of the European Parliament Godfrey Bloom has purchased his first bitcoin. The British politician is famed for quite a few controversial views, equivalent to calling your entire banking system a rip-off and the state an establishment of theft.

Godfrey Bloom Now Owns Bitcoin

Godfrey Bloom is a British politician who served as a Member of the European Parliament (MEP) for Yorkshire and the Humber from 2004 to 2014. He was elected for the U.Ok. Independence Celebration however later served as an Unbiased. Bloom has additionally revealed six books on army historical past and the Austrian College of Economics.

The previous MEP is well-known for his unconventional views, together with calling the state an establishment of theft and saying that the debt disaster was created by politicians and central bankers. He even stated that the entire banking system is a rip-off, as is world warming. He has been referred to by some because the “British Ron Paul.”

Bloom revealed in a tweet on Thursday that he has purchased his first bitcoin. “I make my first purchases of bitcoin this week. Gold & silver have I loads,” he wrote in response to a tweet that claims: “In case you requested folks in the event that they’d favor $800 or 800 bitcoin a lot of them would choose the . We’re nonetheless early.”

Former EU Parliament Member Godfrey Bloom Who Calls Banking System a Scam Bought His First Bitcoin

At press time, Bloom has obtained 257 feedback for his bitcoin purchase tweet, which has been preferred 2.7k occasions and retweeted 473 occasions.

With an awesome variety of responses from the crypto neighborhood, the 70-year-old former MEP adopted up with one other tweet on Friday. “I’ve had a very important response to my bitcoin tweet. So an replace. I’m revising bitcoin over the weekend to know sufficient to know what I don’t know. It’s my aim to share my expertise with fellow oldies eager to diversify out of fiat currencies.”

Under is a video of Bloom informing the European Parliament again in 2013 why he thinks the entire banking system is a rip-off. In addition to telling Parliament members that they didn’t perceive the idea of banking, he stated bankers, central bankers, and politicians must be despatched to jail for stealing from taxpayers.

This week was not the primary time Bloom talked about bitcoin. “I’m not anti bitcoin. Simply an previous geezer extra comfy with gold,” he responded to a tweet urging him to attempt to get into bitcoin in Might. Bloom has lengthy been a gold investor. “I’ve been shopping for gold since Gordon Brown was promoting it at round $250 per ounce within the 90s. I’ve amassed it & saved it in a London security deposit field. Each now & then I promote a bit at $1550 per ounce,” he shared in September final yr.

Since Bloom beforehand insisted that he was not comfy with bitcoin, some folks assumed that he modified his thoughts this week when he began buying BTC for the primary time. Nevertheless, the British politician clarified that he purchased the cryptocurrency to range his investments. “Don’t mistake portfolio diversification with altering my thoughts about something,” he affirmed. Moreover, he indicated in response to a different tweet that he won’t ignore Ethereum and decentralized finance (Defi) in his analysis.

What do you concentrate on Godfrey Bloom shopping for bitcoin? Tell us within the feedback part beneath.

Picture Credit: Shutterstock, Pixabay, Wiki Commons, Twitter

Disclaimer: This text is for informational functions solely. It isn’t a direct supply or solicitation of a suggestion to purchase or promote, or a advice or endorsement of any merchandise, companies, or firms. doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, straight or not directly, for any injury or loss prompted or alleged to be attributable to or in reference to using or reliance on any content material, items or companies talked about on this article.

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