Bitcoin Coalition of Canada's avatar
Bitcoin Coalition of Canada
npub1j46n...dffy
[NEW ACCOUNT] Not-for-profit organization building awareness of the economic, social and environmental benefits of #Bitcoin for Canada and the world.
Good morning and happy January 2, 2025. As of 8:30am EST the BTC/CAD exchange rate is: 1.00000000 BTC / $139,450 CAD $1.00 CAD = 00000717 BTC $1.00 CAD = 717 sats #cdnpoli #cdnecon
Happy New Year from the Bitcoin Coalition of Canada! Here’s looking forward to an amazing year ahead, on many fronts. #Bitcoin #BTC #cdnpoli #cdnecon image
Congratulations to the people of El Salvador! The Government of El Salvador now holds 6,001.77 Bitcoin (BTC) on behalf of its population. Coincidentally, that’s 6,001.77 more BTC than the Government of Canada. 🇸🇻🇨🇦 image
Bitcoin mining should be incentivized and supported by federal and provincial governments in Canada 🇨🇦. ✅ financially supports scale up of renewable energy production. ✅ helps stabilize electrical grids ✅ mitigates climate change through methane reduction, flared gas capture and other innovations. #cdnpoli
Now Russia is transacting in Bitcoin. The U.S. Government and States are implementing Strategic #Bitcoin Reserves (SBR). Other countries are doing so as well. This is no longer in the realm of the hypothetical. This is now an urgent priority. We need a Canadian Bitcoin strategy in order to not fall further behind. ✅ Tax reforms, including a de minimis exemption for using Bitcoin as money, and a change to capital gains rules ✅ Incentives to encourage more Bitcoin mining in Canada ✅ Strategic Bitcoin Reserves for federal government, provinces, and municipalities image
Happy holidays! The Government of El Salvador now holds 5,996.77 more Bitcoin (BTC) than the Government of Canada. 🇸🇻🇨🇦 image
Another publicly-traded Canadian company, Matador Technologies Inc $MATA, is amassing a Strategic #Bitcoin Reserve (SBR). It’s great to see more Canadian companies like Matador following the MicroStrategy $MSTR and @npub12ym4...2gc5 playbook, setting up an SBR to strengthen their business and Canada’s economic outlook. 🇨🇦 image
Today we launched our new monthly educational e-blast "TwentyOne", distributed on the 21st of each month. The e-blast is distributed to all Canadian Members of Parliament, Senators, federal political party officials, a wide range of provincial policymakers, and a broad, public stakeholder list. This month, we focus on Bitcoin Strategic Reserves. Please share it with your networks! #Bitcoin #BTC #cdnpoli
Given that the incoming U.S. President, Vice President and Republican-led House and Senate are all aligned on implementation of a #Bitcoin Strategic Reserve for the U.S., it is imperative that the Government of Canada act fast in developing Canada’s #BTC Strategic Reserve plan. This is not hypothetical. Legislation to establish a U.S. Bitcoin Strategic Reserve has already been tabled in Congress by Senator Cynthia Lummis (R - Wyoming) and will likely be fast-tracked in the next session of Congress, pending re-draft and/or amendments. LINK: The lead of the United States in establishing a Bitcoin Strategic Reserve for the U.S., following the lead of #ElSalbador, will set in motion a race among countries globally to ensure a national store of #BTC, much like countries have historically stored reserves of gold. Canada must not get left behind. The Canadian Government and all political parties must accelerate development of Canada’s #Bitcoin Strategic Reserve plan and supportive federal policy that will make Canada one of the best countries for adoption and use of Bitcoin. For more reading and insight on the importance of a Bitcoin Strategic Reserve, please see this excellent research report developed in the U.S. by our colleagues at @npub1978t...8wxa a multi-disciplinary U.S. research and policy institute. LINK: #press #cdnpoli #cdnecon
Happy #BitcoinWhitePaperDay! It was a very positive step forward for #Bitcoin education in Canada on this day, last year, when Canadian Member of Parliament, Joel Lightbound (a member of the governing Liberal Party, no less) made these remarks in Parliament. A small step forward. Our work continues.
We took the opportunity to remind Canadian MPs of the inspiring remarks provided in Parliament on October 31, 2023 by MP Joel Lightbound regarding the important uses and role of #Bitcoin globally. View quoted note →
As we near #BitcoinWhitePaperDay, we were honoured today to *officially* introduce Canadian Members of Parliament to @Bitcoin Coalition of Canada. We look forward to actively engaging MPs and staff from all federal political parties over the months ahead, helping them better understand the diverse social, economic and environmental benefits of #Bitcoin #BTC. image
We want to make sure we’re connected to as many Canadians on #nostr as possible. If we’re not following you, please let us know. We appreciate your follows as well, to help expand visibility and reach for the #Bitcoin mission in Canada. Thanks! image
Everything continues to become less expensive over time when measured in #Bitcoin #BTC. Protect your future, accelerate your goals. Save in Bitcoin. Study Bitcoin. 🔗 bitcoincoalition.ca/why-bitcoin%3F 🔗 bitcoincoalition.ca/educational-re… #cdnecon #FIRE #investing image
A new, peer-reviewed study by University of Toronto researcher and behavioural scientist, Stefano Di Domenico PhD, finds that people who own #Bitcoin tend to: 📈 score very high in financial literacy 🧡 be intellectually curious, and emotionally stable 🌎 value personal growth, relationships, community The new study will be published soon: image
Instead, dear Canadian investor, ask yourself "does Edward Jones help?". Another case of financial advisors blocking their fee-paying customers from benefitting from #Bitcoin #BTC  -- the best performing asset of the past15 years. #cdnecon #investing #AskAPlanner #itpaystoknow image
Everything is getting less expensive over time when measured in #BTC. The cost of housing in Canada has been continuously outpacing the growth in income. However, savings placed in #Bitcoin are a cheat code for saving and increasing purchasing power. What are your 4-plus year financial goals? Bitcoin should be a key part of your strategy! #cdnpoli #cdnecon image