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Author Topic: Canada approved paying bitcoin with Bitcoin for Innisfil town  (Read 626 times)
Ibizugbe1
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May 02, 2019, 10:47:57 AM
 #61

This is what we call adoption. While developed and progressive nations are adopting new innovations, some other poor countries are calling bitcoin Ponzi and Pyramid scheme and all forms of malicious name, while the rich and government officials are secretly buying and storing for the futures, but the gullible who see no harm in their financial slavery to the banks and government are listening to a misleading government advise. Thank you Canada.
BL46K 7193R
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May 14, 2019, 06:16:48 AM
 #62

This is really good for Bitcoin and better for the people of Canada. The Canadian government has accepted Bitcoin to pay taxes. This is certainly good news for the Bitcoin users in Canada. They will be able to perform their necessary activities with bitcoin. And I think the governments of all the countries will gradually accept Bitcoin.
Alpinat
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May 14, 2019, 10:28:11 AM
 #63

This should be applied in many countries especially countries that are in the 3rd world countries because it is the thing that they really need. Canada proved again that cryptocurrency is not bad for the government and decentralization doesn't mean they have no control of it. It is really good news for the investors and traders.
kiyotoch
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May 14, 2019, 03:09:06 PM
Last edit: May 14, 2019, 07:50:31 PM by kiyotoch
 #64

It has long been necessary to come to an agreement that cryptocurrencies should be given official status. Because it makes no sense to stop the process of creating new settlement systems that is already running. Yes, now few are ready to buy cryptocurrency. But people's interest is growing, needs too. the British government is ready to come to a legislative settlement of this issue, then other European countries may soon follow their example, now Canada, not so far to become as traditional payment
yoseph
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May 14, 2019, 04:16:15 PM
 #65

It seems that the initial stigma that was previously associated with bitcoin is now being dropped day by day. For most people, Bitcoin was used by only criminals for illegal purposes such as money laundering and a whole lot of vices but for a major country like Canada agreeing for tax payments to be made with Bitcoins is a huge step which means that the country have started cryptos as well.
edluis
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May 14, 2019, 06:42:09 PM
 #66

It has long been necessary to come to an agreement that cryptocurrencies should be given official status. Because it makes no sense to stop the process of creating new settlement systems that is already running. Yes, now few are ready to buy cryptocurrency. But people's interest is growing, needs too. If the British government is ready to come to a legislative settlement of this issue, then other European countries may soon follow their example.
there are so many cool projects appearing, ready to help those who wish to master cryptocurrency investments, for example taklimakan. And this is logical, because since there is a tendency of growth in the number of people interested in cryptocurrency, then new platforms appear for this request. Such facts cannot be ignored by the government, and quite soon all countries will give cryptocurrency legal status.
cabshaw
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May 14, 2019, 06:51:56 PM
 #67

It has long been necessary to come to an agreement that cryptocurrencies should be given official status. Because it makes no sense to stop the process of creating new settlement systems that is already running. Yes, now few are ready to buy cryptocurrency. But people's interest is growing, needs too. If the British government is ready to come to a legislative settlement of this issue, then other European countries may soon follow their example.
there are so many cool projects appearing, ready to help those who wish to master cryptocurrency investments, for example taklimakan. And this is logical, because since there is a tendency of growth in the number of people interested in cryptocurrency, then new platforms appear for this request. Such facts cannot be ignored by the government, and quite soon all countries will give cryptocurrency legal status.
It is difficult to give a certain status to cryptocurrencies, when even Bitcoin developers are unknown. Perhaps that's why they are pulling with the solution. But after Microsoft announced that they are planning to do a project that helps with the launch of blockchain projects, it is likely that Europe and the United States will support this initiative and take part in the regulatory process.
jonesst
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May 14, 2019, 07:21:16 PM
 #68

It has long been necessary to come to an agreement that cryptocurrencies should be given official status. Because it makes no sense to stop the process of creating new settlement systems that is already running. Yes, now few are ready to buy cryptocurrency. But people's interest is growing, needs too. If the British government is ready to come to a legislative settlement of this issue, then other European countries may soon follow their example.
there are so many cool projects appearing, ready to help those who wish to master cryptocurrency investments, for example taklimakan. And this is logical, because since there is a tendency of growth in the number of people interested in cryptocurrency, then new platforms appear for this request. Such facts cannot be ignored by the government, and quite soon all countries will give cryptocurrency legal status.
It is difficult to give a certain status to cryptocurrencies, when even Bitcoin developers are unknown. Perhaps that's why they are pulling with the solution. But after Microsoft announced that they are planning to do a project that helps with the launch of blockchain projects, it is likely that Europe and the United States will support this initiative and take part in the regulatory process.
Since cryptocurrencies are decentralized, even their creators do not have full control over them. On the stock exchange, we see how easily price can be manipulated, which led to last year's Bitcoin collapse. But now there are more and more offers of security tokens that are practically liquid to securities, this should strengthen the market and open the door to establish rules that should be followed to preserve investors' guarantees.
Governments are pulling the regulation of cryptocurrency for so long, because it has no restrictions. No one will tell you, you cannot invest in your low credit status. No, everyone is equal here. And it is this that stops the structure of power, because they are afraid to completely lose control over the circulation of funds.
MakeMoneyBtc
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May 14, 2019, 07:23:25 PM
 #69

It has long been necessary to come to an agreement that cryptocurrencies should be given official status. Because it makes no sense to stop the process of creating new settlement systems that is already running. Yes, now few are ready to buy cryptocurrency. But people's interest is growing, needs too. If the British government is ready to come to a legislative settlement of this issue, then other European countries may soon follow their example.
there are so many cool projects appearing, ready to help those who wish to master cryptocurrency investments, for example taklimakan. And this is logical, because since there is a tendency of growth in the number of people interested in cryptocurrency, then new platforms appear for this request. Such facts cannot be ignored by the government, and quite soon all countries will give cryptocurrency legal status.
That's right. If governments see there is interest in cryptocurrencies from people and new projects related to bitcoin appear every year they can't ignore it. Also it would be useless for them to try and destroy something that's just at the beginning and it's prospering by each day so the only solution for them is to accept it as a legal currency. This small towns accepting bitcoin are just the beginning, I'm wondering when will bigger countries start to take actions like this.
Ultimist
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May 14, 2019, 09:57:55 PM
 #70

That's really good news. The more countries will accept bitcoin as payment, the better it will affect the market.

Cuk0ng_bitc0in
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May 14, 2019, 10:04:03 PM
 #71

more specific tax payments for property.  this is the government's concern for crypto enthusiasm.  the Canadian government has not 100% received and adopted tax payments with BTC.  because payment is only via coinberry platform.  and then converted to Canadian dollar currency.
johanesrobin
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May 14, 2019, 10:26:29 PM
 #72

That's really good news. The more countries will accept bitcoin as payment, the better it will affect the market.
I don't think this is the cause of the increase in bitcoin at the moment, but at least this news is increasingly convincing investors to invest with bitcoin.
I want all business people to begin to realize that bitcoin is an amazing discovery that is feasible to be adopted in various business fields.
Noilee
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May 15, 2019, 05:49:01 AM
 #73

Just now noticed from investinblockchain that Canada accepting bitcoin for paying Tax. This is one of most important positive news in my opinions. Accept paying tax with bitcoin means, bitcoin is fully supported by central government. I believe more country will encourage when most of rich country will start accept bitcoin officially.  Tax payer can pay tax by using Coinberry app, and it will convert bitcoin to Canadian currency.

This is very good news Canada accepting bitcoin for paying Tax. This is one of most important positive news for every investor and trader. Accept paying tax with bitcoin, bitcoin is fully supported by central government. I believe more country will encourage when most of rich country will start accept bitcoin officially. then it will very help for all country.for trade and invest i think.
Its nice to heard that Canada are already accepted bitcoin for paying tax. This is a good step of their government, because it can encourage their people to invest, and also many of their countrymen to become interested. It proves only that they have a lot of knowledge about bitcoin and they see its very useful to their country.
niisarearning
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May 15, 2019, 08:07:42 AM
 #74

Just now noticed from investinblockchain that Canada accepting bitcoin for paying Tax. This is one of most important positive news in my opinions. Accept paying tax with bitcoin means, bitcoin is fully supported by central government. I believe more country will encourage when most of rich country will start accept bitcoin officially.  Tax payer can pay tax by using Coinberry app, and it will convert bitcoin to Canadian currency.
i am noticing this news bit later even i think its the great news were most of the asians countries busy banning western contries ado[pting more even for tax paying . So only Western Countries economically far ahead  compare to Asian countreis. But it is really great move from Canada.
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