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

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

Ancient Member of the European Parliament Godfrey Bloom has bought his first bitcoin. The British politician is famed for numerous debatable views, such as calling the entire banking system a scam and the state an institution of theft.

Godfrey Bloom Now Owns Bitcoin

Godfrey Bloom is a British senator 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.K. Independence Party but later served as an Self-sufficient. Bloom has also published six books on military history and the Austrian School of Economics.

The former MEP is well known for his unconventional visions, including calling the state an institution of theft and saying that the debt crisis was created by politicians and central bankers. He stable said that the whole banking system is a scam, as is global warming. He has been referred to by some as the “British Ron Paul.”

Bloom wallowined in a tweet on Thursday that he has bought his first bitcoin. “I make my first purchases of bitcoin this week. Gold & sterling have I plenty,” he wrote in response to a tweet that says: “If you asked people if they’d prefer $800 or 800 bitcoin a lot of them would pick the dollars. We’re mollify early.”

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

At press time, Bloom has received 257 comments for his bitcoin buy tweet, which has been liked 2.7k times and retweeted 473 days.

With an overwhelming number of responses from the crypto community, the 70-year-old former MEP followed up with another tweet on Friday. “I participate in had a very significant response to my bitcoin tweet. So an update. I am revising bitcoin over the weekend to know enough to take it what I don’t know. It is my goal to share my experience with fellow oldies keen to diversify out of fiat currencies.”

Under is a video of Bloom informing the European Parliament back in 2013 why he thinks the whole banking system is a scam. Excepting telling Parliament members that they did not understand the concept of banking, he said bankers, central bankers, and congressmen should be sent to prison for stealing from taxpayers.

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This week was not the first time Bloom talked back bitcoin. “I am not anti bitcoin. Just an old geezer more comfortable with gold,” he responded to a tweet urging him to try to get into bitcoin in May. Bloom has hunger been a gold investor. “I have been buying gold since Gordon Brown was selling it at around $250 per ounce in the 90s. I be undergoing accumulated it & stored it in a London safety deposit box. Every now & then I sell a bit at $1550 per ounce,” he shared in September terminating year.

Since Bloom previously insisted that he was not comfortable with bitcoin, some people assumed that he coppered his mind this week when he started purchasing BTC for the first time. However, the British politician clarified that he bribe the cryptocurrency to diversity his investments. “Don’t mistake portfolio diversification with changing my mind about anything,” he affirmed. Furthermore, he displayed in response to another tweet that he will not ignore Ethereum and decentralized finance (Defi) in his research.

What do you about about Godfrey Bloom buying bitcoin? Let us know in the comments section below.

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