A Spanish lawmaker has turned his back on parliament and his political career to become “a bitcoin (BTC) guru”altcoins and blockchain.
According to Criptonoticias and ABC articles, Teodoro García Egea, the former secretary general of the People’s Party, told reporters at a press conference that he would leave parliament and give up his role as an MP.
He hinted that it would instead focus on BTC adoption efforts and other cryptos, as well as a publishing career. While explaining the reasons for his departure, he also announced the publication of a book entitled “Cryptoeconomics: Beyond Bitcoin – Opportunities in the New Financial System”.
Garcia Egea was first elected to the parliament of Murcia in January 2012 and became the People’s Party’s “number two”. In July last year, he was appointed chairman of the lower house’s road safety committee.
García Egea added that he would “retire from politics”. And ABC reported that he intends to “dedicate himself fully to a private business focused on cryptocurrencies – his area of expertise.”
Read also: Spain has become the center of gravity of the crypto real estate sector
Why he is replacing politics with cryptocurrencies
The same outlet noted that García Egea had distanced himself from political life over the past 12 months, and only attended parliament when strictly necessary to participate in the votes and “avoid being sanctioned”.
García Egea said he would continue to be a member of the Popular Party. He added that he would now be “available to Spanish citizens” on a private basis.
According to its publisher, García Egea’s book focuses on BTCbut also on other cryptos and blockchain technology.
Here is the hook of the book:
“For many people, crypto is about investing in Bitcoin. But it’s much more than that. The arrival of blockchain technology and the development of decentralized finance and Web3 are unprecedented tools.”
Awareness of cryptocurrency has reached 76% in Spain. And the country’s real estate sector is increasingly interested in cryptocurrency-funded transactions.
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