As Canada gears up for its upcoming federal election, the topic of cryptocurrency has become a hot button issue. With the potential for a new Prime Minister to take office, the crypto community is eagerly watching to see how the election will impact the industry.

One candidate in particular, Justin Trudeau, has caught the attention of crypto enthusiasts. The current leader of the Liberal Party and potential future PM, Trudeau has previously expressed support for cryptocurrency and blockchain technology. In 2015, he even attended a Bitcoin conference and spoke about the potential benefits of digital currencies.

However, despite his past endorsement of crypto, industry executives are warning that Trudeau’s stance may actually harm his chances in the upcoming election. With the recent volatility and controversies surrounding cryptocurrencies, some fear that associating with the industry could be seen as a political liability.

In fact, some political analysts believe that Trudeau’s support for crypto could be used against him by his opponents. They argue that his stance may be seen as risky and irresponsible, especially in the eyes of more conservative voters.

On the other hand, some experts believe that Trudeau’s support for crypto could actually work in his favor. With the growing popularity and potential of digital currencies, aligning with this emerging industry could attract a younger, tech-savvy demographic to his campaign.

As the election draws closer, it remains to be seen how Trudeau’s past endorsement of crypto will impact his campaign. Will it be a political advantage or disadvantage? Only time will tell. But one thing is for sure, the crypto community will be watching closely and eagerly awaiting the outcome of the election.