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Bitcoin Coalition of Canada
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[NEW ACCOUNT] Not-for-profit organization building awareness of the economic, social and environmental benefits of #Bitcoin for Canada and the world.
Important moment for a reality update. This $TRUMP coin is just the latest in a long series of pump and dump crypto scams. Study Bitcoin and learn why it’s fundamentally different from crypto. Bitcoin, not crypto. image
Get Bitcoin (BTC), spend BTC. However, if you choose to save your BTC, this global, fixed supply, digital currency is also a better store of value and purchasing power over time than riskier, more speculative investments like stocks, bonds, and real estate. image
Strategic Bitcoin Reserve Strategic Maple Syrup Reserve 🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦 image
Earlier this week, at Bitcoin block height 879,262 we sent our federal recommendations to the Prime Minister of Canada, the Leader of the Official Opposition, all other federal party leaders and party executives, all MPs, Senators, and Provincial Premiers. In addition to calling for key federal policy measures, we hope that our federal recommendations provoke urgent dialogue at provincial and municipal levels too. Since delivering our federal recommendations earlier this week… ✅ BTC has grown from $1.8 to $2.05 Trillion global market cap. ✅ 3 more U.S. states have introduced legislation to establish Strategic Bitcoin Reserves (SBR). ✅ NY Times & Washington Post have both published articles about the imminent U.S. Govt Strategic Bitcoin Reserve. ✅ The Govt of El Salvador has added an additional 3.0 BTC to its Strategic Bitcoin Reserve via the National Bitcoin Office. The 🇸🇻 SBR now stands at 6030.18 BTC. ✅ The Govt of Thailand has introduced a pilot project for use of BTC as currency. ✅ 4 new Bitcoin circular economies around the world have been added to the @Federation of Bitcoin Circular Economies network. More than 60 local BTC circular economies are now operating globally. ✅ Canadian publicly-traded company Good Food Corp became the latest 🇨🇦 company to announce that it is adding BTC to its treasury. And much more. Global adoption and use of Bitcoin (BTC) is accelerating quickly. It is imperative that all political parties in Canada, and governments at federal, provincial, and municipal levels all make Bitcoin-focused public policy a strategic priority. 🇨🇦 📚 👉 http://bit.ly/42i6FfN image
We are at a crossroads. Most Canadians, and our federal, provincial and municipal governments in 🇨🇦 are currently on the "debt/fiat standard". Our urgent recommendations issued to the Government of Canada this week are a call for us to move toward the "Bitcoin standard" or be left behind. While our governments may be slow or may never act, we (ie, individuals) can! Study Bitcoin and move toward the Bitcoin standard. image
NEWS RELEASE: Bitcoin Coalition of Canada delivers new federal recommendations to power economic growth, social development, and environmental action 2025.01.15 -- The Bitcoin Coalition of Canada (BCC) has tabled critical new recommendations for the Government of Canada, outlined in “Leveraging the Economic, Social and Environmental Benefits of Bitcoin, Now and For Future Generations.” The recommendations have been sent to all Members of Parliament, federal political party executives, Senators, Premiers, and MLAs/MPPs. The BCC is urging the federal government to take several key measures to harness the wide-ranging potential of Bitcoin (BTC) and Bitcoin mining for Canada and Canadians: 1. Implement a de minimis tax exemption for Bitcoin transactions under $10,000 CAD and commit to a more detailed study of how best to facilitate Bitcoin’s use as currency in Canada. 2. Eliminate capital gains tax on Bitcoin (BTC) held for more than one year. 3. Provide incentive support and remove regulatory red-tape to scale up Bitcoin mining in Canada. 4. Establish a Strategic Bitcoin Reserve (SBR) for Canada, with the goal of securing 100,000 BTC over four years beginning in 2025. FULL NEWS RELEASE: POLICY RECOMMENDATIONS PAPER: https://img1.wsimg.com/blobby/go/53bd0c95-dfdc-4fed-9c78-a7c2f6c673ab/downloads/5b096fa8-4ff0-4db0-abc2-8b6b86e29321/BCC%20Federal%20Policy%20Recomendations%20-%20January%2020.pdf?ver=1736879907486
One of the best ways for Canada and Canadians to pre-empt and counteract the types of “economic force” that U.S. President-elect Donald Trump is threatening against Canada is for Canadian households and all levels of government — federal, provincial/territorial, municipal — to establish Strategic Bitcoin Reserves (SBR) now! In our November 2024 e-bulletin we did a deeper dive on SBR: image
Happy Bitcoin Genesis Block Day! On this day, 16 years ago, the Bitcoin protocol and network was officially released into the world. #cdnpoli #cdnecon #BTC
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 @Tahini’s playbook, setting up an SBR to strengthen their business and Canada’s economic outlook. 🇨🇦 image