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Author Topic: 'Bitcoin Awareness and Usage in Canada'  (Read 39 times)
tarball
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July 14, 2018, 06:17:42 AM
 #1

https://www.bankofcanada.ca/wp-content/uploads/2018/07/san2018-23.pdf

The number of holders is 5,0%, up from 2,9$ from 2016

An estimated 1,9 million bitcoin is held by Canadians, up from 1,0 million from 2016.

Graphs and tables start on page 10.


Thanks for reading my post.
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July 14, 2018, 06:29:52 AM
 #2

This is a good share, thank you!

It would be nice to see what this growth looks like for other major countries in the world. I'll take a look at it and see if there's a reliable set of sources to provide such information for a broad global view.

Thanks!

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July 14, 2018, 06:33:03 AM
 #3

I wait for a lot of positive news like this, and hope every news will give new confidence to everyone in any Country.
and Bitcoin Prices will be stable followed by altcoin prices, I'm tired of the nonsense about HOLD. Cool



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July 14, 2018, 06:35:52 AM
 #4

The fact that slowly adoption and hodling of Bitcoin is going up, is a good sign. I guess also they make much profit from trading as well, so their holdings must be growing. Is there a place we can visit to see adoption all across the world and how it is going? Although this does not reflect at all in the price, as the price has tanked 75% since January, it is good to see there are more people getting into Bitcoin now.

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tarball
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July 14, 2018, 06:45:01 AM
 #5

This is a good share, thank you!

It would be nice to see what this growth looks like for other major countries in the world. I'll take a look at it and see if there's a reliable set of sources to provide such information for a broad global view.

Thanks!

No problem! Indeed, it is nice to see growth in knowledge/awareness as well as adoption.

The fact that slowly adoption and hodling of Bitcoin is going up, is a good sign. I guess also they make much profit from trading as well, so their holdings must be growing. Is there a place we can visit to see adoption all across the world and how it is going? Although this does not reflect at all in the price, as the price has tanked 75% since January, it is good to see there are more people getting into Bitcoin now.

I hope the Bank of Canada does this survey again soon to see what people's reactions are after the 'crash,' maybe adding questions of whether of not you still hold, continue to buy, believe in btc, etc.

Thanks for reading my post.
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July 14, 2018, 06:51:32 AM
 #6

The growth of bitcoin has seen in canada and host towards future prospects for the currency in the country in the country. According to this the bank of canada intrest in bitcoin to understand whether its adaptation and usage by canadians could affect the financial system . The bank of canada undertakes the core function such as the production and distribution of currency overall the intrest and useage of bitcoin rise in canada. The awarnece  as it rose from 49 percent in 2016 and 77 percent in 2017. This provides the solid evidence to the bank of canada bitcoin is rise in country.
Thanks
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July 14, 2018, 07:55:07 AM
 #7

That's actually quite a high number! I hope that if we look at the western world in general, the number is below that.
5% with nothing being really "useful" yet? that's too much!
we're likely not reaching 100% in a good while, the market will be "saturated" at an earlier point.
the higher % that is = lower end point.

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July 14, 2018, 08:10:25 AM
 #8

https://www.bankofcanada.ca/wp-content/uploads/2018/07/san2018-23.pdf

The number of holders is 5,0%, up from 2,9$ from 2016

An estimated 1,9 million bitcoin is held by Canadians, up from 1,0 million from 2016.

Graphs and tables start on page 10.



this is exactly what is needed, general adoption between regular people. 5% is still not much, but it's growing, which is really positive. Let's hope we can gain 10% in Canada soon Smiley
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July 14, 2018, 08:24:14 AM
 #9

Very good news on Canada and the world. We need the number of ordinary citizens holding Bitcoin to go up. That is the only way to make Bitcoin publicised and globalised and everyone to use it rather than just a trading asset.
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