Canadian MP Praises Bitcoin Creator in Parliament, Urges Caution on Crypto Investing

Canadian MP Joël Lightbound thanked Satoshi Nakamoto for creating Bitcoin in a speech to parliament.

Lightbound owns Bitcoin himself but advocates for people to study and understand it, not necessarily buy it.

Lightbound cited a pre-SEC quote from Gary Gensler advocating the potential of Bitcoin to empower people.

The crypto community was initially optimistic about Gensler as SEC chair given his crypto teaching background.

However, Gensler's stance on crypto regulation as SEC chair has led to disappointment in the crypto community.