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Topic: Canada is the best place for Bitcoin (Read 316 times)

newbie
Activity: 5
Merit: 0
January 26, 2018, 01:38:15 AM
#39
I am living in Canada and its so great that Canada has been attracting digital money companies to invest. Bitmain, the world's largest Bitcoin operator, is considering moving its operating office to Canada. At the same time, Hydro Quebec (Canada) negotiates with about 30 Bitcoin operators on their migration plans. How about your countries?
it's great because your country is very tolerant of bitcoin. it is amazing to have such a country. I really want in my country the same thing as you experience in your country.
newbie
Activity: 17
Merit: 0
January 26, 2018, 01:02:14 AM
#38
 Its really nice to hear when a country like canada starting to using bitcoin.crypto industry growing rapidly. This time if canadian government support bitcoin fluently to spread his community there its much better.as like as united states,united kingdom ,canada is the safest place for bitcoin i think and hope in future others country will be as safe as canada for bitcoin.
newbie
Activity: 26
Merit: 0
January 26, 2018, 12:45:25 AM
#37
This represents the political stability of your country
I also want this in my country
legendary
Activity: 966
Merit: 1042
January 26, 2018, 12:23:15 AM
#36
The Quebec government has gone ahead with this but basically, it's to sell more power. They don't care about small miners, they want massive mining farms to come to Quebec so they can use more power. The problem is they now have too much demand and may not be able to go through with every mining farm that wanted to move to Canada.
member
Activity: 340
Merit: 15
January 26, 2018, 12:03:51 AM
#35
Bitmain is moving it's entire operations there?
Because of all this talk of China banning mining there suddenly?
I can't see them moving their entire operations headquarters there since it is across the ocean.
full member
Activity: 532
Merit: 107
January 26, 2018, 12:00:56 AM
#34
Canada will be best because of cold weather, but not sure about electricity cost. I live in Toronto, per month my electricity bills come about $45, from  a 2 bed room condo. So no it's not cheap, but politically stable and won't have any problem from govt.
newbie
Activity: 308
Merit: 0
January 25, 2018, 11:54:44 PM
#33
Ok, I'm moving to Quebec now LoL!
sr. member
Activity: 546
Merit: 250
January 25, 2018, 11:35:28 PM
#32
It is encouraging to see that some countries are willing to forge ahead and test new ground in the financial area. Switzerland is somewhere that has also embraged the idea of Bitcoin and crypto currency in general with Zero capital gains tax on trading and profits. Good luck to those living in Canada
Zero taxes on crypto seems kinda sketch to me unless ofc it’s Switzerland cause they have some of the laxest laws on shit like crypto and privacy
full member
Activity: 196
Merit: 100
January 25, 2018, 01:46:43 AM
#31
I am living in Canada and its so great that Canada has been attracting digital money companies to invest. Bitmain, the world's largest Bitcoin operator, is considering moving its operating office to Canada. At the same time, Hydro Quebec (Canada) negotiates with about 30 Bitcoin operators on their migration plans. How about your countries?

Its great that canada can be like that. Its good for itroducing more users of bitcoin in your country.
In my country, bitcoin is not legalized yet but our country not ban bitcoin. So i think something like in your country canada can not be applied here in my country.
member
Activity: 512
Merit: 33
The Quest of the Best Information to the Solution
January 25, 2018, 01:43:47 AM
#30
I live in Canada, in some aspects it is ok, as no problems
for the mining aspect of "efficient in terms of energy"
We as a country do not have efficient energy. maybe bit in Quebec, but in general we pay a lot for power, especially here in Ontario, where it is no feasible for someone to run a big mining operation, difficult.

but in terms, so far no issues on political front

hopefully we can stay like this,
member
Activity: 328
Merit: 20
January 25, 2018, 01:43:35 AM
#29
It is your luck that your country is the best place for bitcoin. Unfortunately, the bitcoin legality has not been obtained in my country yet. I am waiting for the legality of bitcoin by my government. I hope my government will support the bitcoin in soon.
full member
Activity: 812
Merit: 101
January 25, 2018, 01:42:35 AM
#28
wow, it's amazing, kanada will be the country with the biggest bitcoin trade, i think this will help bitcoin prices go up to higher numbers again. whether other countries like japan, malaysia, russia and other countries that manage bitcoin will fight over it?
in my country bitcoin and crypto is prohibited. I do not know when my country will be aware.
member
Activity: 134
Merit: 10
ODEM.IO - UNLOCKING HIGHER EDUCATION
January 25, 2018, 01:38:22 AM
#27
I am living in Canada and its so great that Canada has been attracting digital money companies to invest. Bitmain, the world's largest Bitcoin operator, is considering moving its operating office to Canada. At the same time, Hydro Quebec (Canada) negotiates with about 30 Bitcoin operators on their migration plans. How about your countries?
Well, bitcoin in my country is bad. Only few of the people here including me knew about bitcoin. They dont know how cryptocurrencies can help us with our lives. Canada is a great place. Maybe someday when i get my passport and become stable, i would like to live in Canada and continue my bitcoin life.
member
Activity: 140
Merit: 10
January 25, 2018, 01:35:11 AM
#26
May be Canada is the best place for bitcoin, but for me also in mine Philippines is the best for me because this is my country build, there's many people use in bitcoin, and support that.
newbie
Activity: 126
Merit: 0
January 25, 2018, 01:33:31 AM
#25
I am living in Canada and its so great that Canada has been attracting digital money companies to invest. Bitmain, the world's largest Bitcoin operator, is considering moving its operating office to Canada. At the same time, Hydro Quebec (Canada) negotiates with about 30 Bitcoin operators on their migration plans. How about your countries?
Bitcoin is one of the great for investing bitcoin  because bitcoin is now a days are fully in demand in the market
newbie
Activity: 52
Merit: 0
January 25, 2018, 01:26:38 AM
#24
Good to hear that Canada is encouraging cryptos. It should be a lesson for other countries to follow the path and not release statements that create unnecessary FUD. Everyone will slowly accept the fact that currency has evolved to its next step and cryptos are here to stay.
jr. member
Activity: 156
Merit: 1
January 25, 2018, 01:21:53 AM
#23
That's really cool that Canada is supporting cryptocurrency. In position of Canada will serve as an eye opener for other country to follow the same as Canada.
full member
Activity: 210
Merit: 108
January 25, 2018, 01:14:22 AM
#22
I am living in Canada and its so great that Canada has been attracting digital money companies to invest. Bitmain, the world's largest Bitcoin operator, is considering moving its operating office to Canada. At the same time, Hydro Quebec (Canada) negotiates with about 30 Bitcoin operators on their migration plans. How about your countries?
I thought Japan is the best place for bitcoin since this country is the first to adopt bitcoin in their market as well as supporting bitcoin exchanges. With the best technology I think Japan is still the one that can utilize bitcoin market effectively and will probably help it to become most popular cryptos around the world.
newbie
Activity: 210
Merit: 0
January 25, 2018, 01:02:49 AM
#21
That's good to know that your country is open and welcoming to the idea and opportunities that Bitcoin and other crypto currencies can bring to your people, your country.  I hope this is the start of other countries to be more open minded to it, see its advantages and its great impact to everyone.
member
Activity: 66
Merit: 11
January 25, 2018, 12:34:38 AM
#20
I am living in Canada and its so great that Canada has been attracting digital money companies to invest. Bitmain, the world's largest Bitcoin operator, is considering moving its operating office to Canada. At the same time, Hydro Quebec (Canada) negotiates with about 30 Bitcoin operators on their migration plans. How about your countries?

I can not say that Canada is the best place for BTC,but certainly has great potential for mining farms due to the very favorable climate.Also in my opinion Canada is a politically stable country without some major problems(how it appears to us in Europe).

By what I read Hydro Quebec will offer miners the cheapest electric energy in Canada so this in combination with cool climate will be an ideal situation for mining.I do not know what are the regulations regrading BTC and cryptocurrency in Canada,is there any tax,restrictions or something like that?




Not just good climate it also has very very cheap electricity so mining can be done pretty cheaply in comparison to other places
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