I think it is good news. If it has any positive effect, we will know very soon, just as this action could be repeated in other nations.
BTCitcoin is drawing a lot of attention to investors in the current situation that is not easy. Covid19's effects are already being reflected in the global economy.
Topic: Canada include the bitcoin. - page 3. (Read 1245 times)
Canada quickly develops cryptocurrencies and is positive about their implementation in the common system. Not in vain Canada is considered one of the best countries to live in.
Forgive my cynicism, but I don't count this as "adoption". Trading these speculative assets is not the same as transacting with actual BTC. People aren't learning anything about Bitcoin when they're dealing with something more analogous to stocks and shares.
I guess you have a point. Well they did add bitcoin on their official stocks exchange, but the fact that the addition of bitcoin doesnt mean they are learning something about it hence it more goal is to expand the trading above the stocks they are currently doing so. I am not negative about this news, but somehow this can wider the visibility of bitcoin as it will be known on their country. Just do hope those can appreciate it are those outside the trading circle and instead focusing on trading it going to use it like we all want. Natural adoption for bitcoin.
More visibility means there will always be individuals that will be interested to check on bitcoin. For those who don't have any idea on how to deal with bitcoin, they will start studying it or even search for it. And while looking at this option, they might be drawn to its benefits and advantages. So who knows, with this move, it will attract more crypto users? If the option is already there, then they have the option to try it. They can always go back to their usual method anyway.
Forgive my cynicism, but I don't count this as "adoption". Trading these speculative assets is not the same as transacting with actual BTC. People aren't learning anything about Bitcoin when they're dealing with something more analogous to stocks and shares.
You are right, of course. However bitcoin will already be visible in official circles thanks to this. Then it will be possible to talk about something more. 
And it has nothing much to do with Toronto stock exchange. The company 3iQ created a fund tied to bitcoin and listed it on TSX for trading.
Though it would not directly led to bitcoin adoption, regular traders being introduced to volatility of bitcon linked fund would drag their interest to bitcoin trading itself.
Though it would not directly led to bitcoin adoption, regular traders being introduced to volatility of bitcon linked fund would drag their interest to bitcoin trading itself.
Forgive my cynicism, but I don't count this as "adoption". Trading these speculative assets is not the same as transacting with actual BTC. People aren't learning anything about Bitcoin when they're dealing with something more analogous to stocks and shares.
I guess you have a point. Well they did add bitcoin on their official stocks exchange, but the fact that the addition of bitcoin doesnt mean they are learning something about it hence it more goal is to expand the trading above the stocks they are currently doing so. I am not negative about this news, but somehow this can wider the visibility of bitcoin as it will be known on their country. Just do hope those can appreciate it are those outside the trading circle and instead focusing on trading it going to use it like we all want. Natural adoption for bitcoin.
As that I've said, this mass adoption will make bitcoin more popular and people will know the advantages and benefits of using bitcoin in many transactions.
Forgive my cynicism, but I don't count this as "adoption". Trading these speculative assets is not the same as transacting with actual BTC. People aren't learning anything about Bitcoin when they're dealing with something more analogous to stocks and shares.
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Thats something from Australia.
However, there had been many good news like this in the past but they have not affected the bitcoin price sufficiently enough to move upwards !
AS far as I have experienced there was only one time when bitcoin went crazy and that was in 2017. Some of the striking reasons can be read here : https://www.coindesk.com/900-20000-bitcoins-historic-2017-price-run-revisited
Pretty sure that your news will impact bitcoin in coming days. But for now, market is more or less being driven by Economic Crisis situation (COVID effect).
That is great news for bitcoin. One more give supports to bitcoin, and I think soon, the other will supports too. The mass adoption still on the process and I think we are seeing good progress in this year, especially when we cannot go out from our homes. So the chance for bitcoin and the other coins accepted will be open. But that will need approval from each government and until that time, we can save more bitcoin from now on. We will see new people from that market trying to invest their money in the crypto market too, and that can bring new hope for crypto.
Today there is a piece of good news, the Canadian assets 3IQ corp is now supporting the use of the bitcoin on their Toronto Stock Exchange (TSX) after getting the approval on the day of April 10 the twin entrepreneur "The Winklevoss twins" support the exchange of this bitcoin fund. The TSX is one of the largest stock exchanges in Canada that can gain more than $97 billion of there trade.
This good news will make us become more optimistic about the mass adoption of bitcoin in every part of the world. Canada is considered as one of the first world countries, it is more likely that their economy will soon grow more as they start to put bitcoin into their TSX. It is not easy to manipulate bitcoin because of its volatility but the benefit of exchanging bitcoin can give you a profit. That's true that TSX is one of the most popular and biggest stock exchanges in their country and they will never experience a hard time having a trades. Many people are supporting this TSX and credits to "The Winklevoss twins" for supporting bitcoin.
What is it all about? This helps a lot to the market price of the bitcoin because if one of the exchanges accepts this kind of transaction many people will now buy a lot of coins with their fiat currency and it causes to increase rapidly the bitcoin. Also, this project gets helps a lot of people to recognize the use and the benefits of the bitcoin, this kind of news will bring up the bitcoin price again.
As that I've said, this mass adoption will make bitcoin more popular and people will know the advantages and benefits of using bitcoin in many transactions. It is easy to use and less hassle as this digital currency is user-friendly and can also give them big profits if you have good predictions. If they will invest their fiat currency to bitcoin then it is a good thing because, although bitcoin is volatile, I guarantee you that it will somehow give you a profit from time to time. Also this will be a good way for the promotion and advertisement of bitcoin.
Photo created by First Public Bitcoin Fund Listed on Toronto Stock Exchange
Today there is a piece of good news, the Canadian assets 3IQ corp is now supporting the use of the bitcoin on their Toronto Stock Exchange (TSX) after getting the approval on the day of April 10 the twin entrepreneur "The Winklevoss twins" support the exchange of this bitcoin fund. The TSX is one of the largest stock exchanges in Canada that can gain more than $97 billion of there trade. What is it all about? This helps a lot to the market price of the bitcoin because if one of the exchanges accepts this kind of transaction many people will now buy a lot of coins with their fiat currency and it causes to increase rapidly the bitcoin. Also, this project gets helps a lot of people to recognize the use and the benefits of the bitcoin, this kind of news will bring up the bitcoin price again.
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https://cointelegraph.com/news/first-public-bitcoin-fund-listed-on-toronto-stock-exchange
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