Why Early Bitcoin Investors "Were not as Lucky” – Crypto Advocate

A renowned Bitcoin advocate on Twitter Pierre Rochard has maintained a conflicting position, stating that early adopters of the digital currency were not as lucky as those banking on the digital asset today.

Rochard believes that “Adopting #bitcoin today gives you more benefits than adopting #bitcoin at any other time in its history.” His position was backed by the fact that the digital currency now has a bigger network than ever, with increased liquidity brought about by a continuous inflow of both institutional and retail funds.

Additionally, Rochard highlights the fact that the Bitcoin network now has a higher hashrate, which means a high processing power for the network and greater security. With a higher hashrate, there is an assurance that miners are investing funds into buying mining equipment, and an overall show of confidence in the network.

The availability of a good and easier user experience has also made Bitcoin the delight of everyone, a feature that Rochard believes was absent some years back. In all, Rochard reiterated that early adopters were not lucky, ending his submission with a quote, “The first shall come last, the last shall come first.”

Would You Rather Be An Early Adopter or Late?

While this question requires a poll to determine where investors stand, the growth of Bitcoin today has made many regret that they did not back the coin in its earlier years.

Rochard may be right about the good tickers available for today’s BTC investors, however, on the return on investment end, a lot of people’s opinion may differ with his, as those who bought the digital asset while the price was way below $10,000 are the biggest beneficiaries today.

There is still room for Bitcoin to grow, and the constant injection of funds by firms such as MicroStrategy will continue to attract mainstream investors into the crypto space, for the benefit of all.

Crypto Advocate Pierre Poilievre Elected as Leader of Canada's Conservative Party

Bitcoin-friendly Pierre Poilievre was elected leader of the Conservative Party of Canada on September 11.

Pierre Marcel Poilievre is a Canadian politician who has served as the leader of the Conservative Party of Canada and the leader of the Official Opposition since 2022. Poilievre has served as a member of Parliament (MP) since 2004.

The House of Representatives of Canada’s parliament is scheduled to resume on September 20, when Poliyev will lead the Conservative Party in his new capacity to challenge the Trudeau government on a number of issues.

He is a staunch cryptocurrency advocate and has publicly supported allowing Canadians to use bitcoin as legal currency in the country.

He touted cryptocurrencies as a solution to putting people back in control of their currencies and saw them as a way to escape inflation in the country.

Pierre Poilievre has previously promised that if he becomes Prime Minister of Canada, he will “unlock” the potential of cryptocurrencies by consulting with provincial authorities, helping to unravel the regulatory web that currently governs cryptocurrencies, and making Canada “the world’s blockchain leader.” 

Along with the growth in the crypto sector, Canada has also been keeping an eye on security-related issues.

According to September 24, 2021, a report by Blockchain.News, Canadian market regulators have issued warnings to cryptocurrency service providers who mislead investors through their gambling-style advertisements.

The report added that the market regulators said a detailed guideline has been released to help all concerned stakeholders market to sell their products and services under the Canadian securities allowance.

Alberta, Canada’s most oil-rich province is actively looking to build the region’s tech industry, including mining digital tokens, building data centers, and attracting high-tech workforces.

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