'Aussie Trump' invests in Bitcoin as it's the 'millennial version of gold'

Former Australian politician Cory Bernardi sees the demand for Bitcoin "Getting stronger."

Cory Bernardi - a controversial figure the Sydney Morning Herald has referred to 'Australia's Donald Trump' - has talked up Bitcoin in between Tweets challenging the results of the U.S. presidential election.

In a Nov. 11 Tweet, Bernardi stated he had become a Bitcoin convert "In the last couple of years" and saw the demand for the cryptocurrency "Getting stronger." He cited Bitcoin bull Anthony Pompliano's views as being "On the ball" regarding Bitcoin.

"My conclusion is it is the millennial's version of gold," stated Bernardi.

"Still see risks attached but are basically the same as other asset classes - leg, confidence and demand."

Still see risks attached but are basically the same as other asset classes - leg, confidence and demand.

APompliano is on the ball re BTC.- Cory Bernardi November 10, 2020.

Bernardi served as a senator for South Australia from 2006 to 2020, and is known for his highly conservative and reactionary views.

Following Bernardi's departure from the government, he set up a website which includes financial advice.

Despite Bernardi's controversial views founder of the Nuggets News crypto education site Alex Saunders said the comments were the continuation of a shift when it came to high profile figures talking about crypto.