“Therefore, if most Canadians moved away from cash it would be due to the choice of consumers.”—The Positive Case For A CBDC report.
Revenue grew 405% to $41.7 million relative to Q2 2020, primarily from an increase in active ATMs plus over-the-counter and exchange sales.
A Nevada company is proposing to operate "up to one million" bitcoin mining machines relocated from China in three natural-gas producing facilities in Alberta.
In this live episode, Dave Bradley of Bitcoin Well joins Cory to speak on the evolution of cryptocurrencies. Next, Calgary mayoral candidate Brad Field comes on...
"The whole point of bitcoin is not to make a small profit – it’s to protect against the government eroding the value of your wealth."
"If the province of Alberta had invested 5% of its tax revenue into bitcoin as a saving mechanism 10 years ago, we would be the richest...
"If Tesla starts exchanging cars for bitcoins, so will others. And private money will start circulating, thus slowly pushing out government money."
Last month, Musk even added #bitcoin to his Twitter bio.
"Bitcoin has gone through these cycles of inflated expectations before"
As the Canadian and other governments print money at record levels, Bitcoin provides a modern protection against the looming inflation crisis.