Former Australian senator Cory Bernardi describes Bitcoin as “the millennial’s version of gold.”
A Bitcoin convert, Bernardi took to Twitter to share that it has been only in the last couple of years that he became a bitcoiner.
“My conclusion is it is the millennial’s version of gold.
Still see risks attached but are basically the same as other asset classes – leg, confidence and demand. See demand getting stronger.”
He further mentioned Morgan Creek Digital partner Anthony Pompliano for advocating Bitcoin, to which Pomp said, “There are hundreds of people pushing content, education, and knowledge in the space. Complete team effort.”
Earlier this January, he left politics after serving under the Liberal Party for over a decade. Bernardi, who served as a senator for South Australia, is known for his highly conservative views.
Following his controversial career in politics, Bernardi now runs a membership-based website Confidential Community which, according to him, offers “more common sense than most people can handle.”
Last week was the only other time Bernardi tweeted about Bitcoin when he retweeted Pomp and said his self-proclaimed “famous” newsletter covered the impact of the election on Bitcoin and other potential asset classes.
In 2020 more and more high-profile people have publicly shared bullish views about Bitcoin and declared their BTC holdings. From Paul Tudor Jones, Stan Druckenmiller, Ben Miller to companies like Square and MicroStrategy have found Bitcoin as the best alternative asset class as a hedge against inflation and devaluing the US dollar.