Mark Carney, the new prime minister of Canada, has described Bitcoin’s fixed supply as a fundamental flaw in its value proposition. He argues that it has fueled speculative tendencies, calling for more robust monetary policies through central bank digital currencies.

Carney also discussed US tariffs in his recent address, signalling a commitment to countering economic pressures from the United States. His critical perspective on Bitcoin suggests a pivot towards traditional banking solutions, contrasting with previous administrations.