The rhetorical profitability of mining cryptocurrencies
The global cryptocurrency world enjoyed in the beginning a period of time often described as a “crypto gold rush.” When Satoshi Nakamoto invented the “peer-to-peer electronic cash system,” he set free an entirely new world of possibilities not only for freedom but also for outrageous profits and the likes…
Tue Oct 30
Cryptocurrencies as a payment method: the coming of a new era
Cryptocurrencies are at the forefront of a new era that is changing the way we deal with money. An unprecedented revolution that’s not only been shaping the mindset of our “digital generation” but is also – given the frequency into which we are already used to involve technology in the…
Mon Oct 8
Canada’s Bitcoin Fund Obtains Mutual Fund Status
The “first and only” regulated Bitcoin fund, First Block Capital Inc. can now accept accounts of accredited investor RRSP (Registered Retirement Savings Plan) and TFSA (Tax-Free Savings Account). Canada’s Bitcoin Fund is permitting investors to place their units into self-directed registered accounts, offering consistent tax benefits for saving purposes or…
Tue Sep 11
Seeking the opportunity: Cryptocurrency Regulation Postponed
The Canadian government has recently postponed once again, releasing the final cryptocurrency regulation as well as Blockchain-based companies, stating that no further update will be released to the public before the end of 2019. This decision is mainly based on the actual political context as the government is currently in…
Wed Aug 29
Five busted cryptocurrency myths
In the past year, the crypto market grew with more than $600 billion. Even if are not palpable and only exist in your computer, they are used to pay for real things. There are no reasons to remain hesitant when it comes to investing in digital coins the only thing…
Tue Aug 28
How a Nova Scotia Woman Joined Her Family by using Bitcoin
Wondering why Halifax, Nova Scotia native, Lauren McDonald* decided to invest in cryptocurrency. Without being a “crypto expert”, Lauren was able to work with BitCanuck Customer Support to learn about how it works and make her investment securely. In our new regular feature, “investor stories”, we look into Lauren’s experience.…
Thu Jun 14
3 Reasons Why Travelers are Embracing Cryptocurrencies
Our world is getting smaller and smaller every day, and Cryptocurrencies are part of it. One group embracing cryptocurrencies are global travelers. The extent of travel ranges. It could be “digital nomads”, people who use telecommunications technologies to earn a living more generally, conduct their life in a nomadic manner.…
Tue May 22
3 Reasons Why Canadian Baby Boomers are Investing in Cryptocurrencies
While the Millennials have certainly been the first to embrace the rise of cryptocurrencies, this year, Baby boomers are becoming investors. It is only natural to accrue more wealth as we age, so the Boomers have more of it, and are looking for places to invest. Based on our experience,…
Tue May 15
Canada’s Cryptocurrency Entrepreneurs
Canada has lived in the technology shadow of America, but that’s changing quickly. A new wave of Canadian founders is building companies in the Cryptocurrency domain, not just out of Canada, but all over the world. Right when countries around the world seem to be shutting their borders, and intolerance is…
Fri May 11