I'm not sure this is such a good idea. As I've been saying, the best thing is governments distancing themselves from Bitcoin. Negative reactions to cryptocurrencies by governments are everywhere and I'm frightened that positive reactions might lead to over-regulation/desire to control the currency. We are all seeing what BitLicense is causing... Canada might go the same way.
Agreed Bitcoin and government are like two things that should just stay away from each other 
Topic: Canada Recognise Bitcoin Same Like Dollar - page 2. (Read 2070 times)
I'm not sure this is such a good idea. As I've been saying, the best thing is governments distancing themselves from Bitcoin. Negative reactions to cryptocurrencies by governments are everywhere and I'm frightened that positive reactions might lead to over-regulation/desire to control the currency. We are all seeing what BitLicense is causing... Canada might go the same way.
I agree and also don't agree
If it's recognised as a currency then yes the same regulations that apply to foreign currencies would then most probably apply to bitcoin. Not sure about regulations in Canada in terms of foreign currencies but I think it might be more 'friendly' than any other kind of regulations (like a BitLicence clone). However, this will depend on what kind of regulations are in place for foreign currencies, could actually make things worse.
Personally think it will be good for bitcoin to be seen as a currency, think it will push adoption if the government 'says' bitcoin is a 'legal' currency. Will give it more credibility.
I'm not sure this is such a good idea. As I've been saying, the best thing is governments distancing themselves from Bitcoin. Negative reactions to cryptocurrencies by governments are everywhere and I'm frightened that positive reactions might lead to over-regulation/desire to control the currency. We are all seeing what BitLicense is causing... Canada might go the same way.
Looks like bitcoin in Canada will be recognized like a currency.
I think that you might want to rephrase that. Alex Millar, who is running as a independent candidate, wants to push this through. This does not mean that this will definitely happen. It depends on a few things, the first being if he is going to get elected at all.I do agree that this would be beneficial for both Bitcoin and Canada.
Looks like you have trouble reading. This is a candidate that wants to make Bitcoin equal, but he has to first be elected and then make others support his project. There's a long way to go.
You were slightly faster than me. Yeah, there are a lot of things that need to happen before this is possible. I'd say that it is going to be harder for him to get elected than to slowly gather support over time. Who knows how much time this is going to take even if he does get elected.
Looks like you have trouble reading. This is a candidate that wants to make Bitcoin equal, but he has to first be elected and then make others support his project. There's a long way to go.
Do you know the news.Looks like bitcoin in Canada will be recognised like a currency.I think first westerness country without bitcoin paranoia
http://www.coindesk.com/election-hopeful-wants-canada-to-recognise-bitcoin-as-currency/
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