Canadian investors turn to Bitcoins

in #bitcoin6 years ago (edited)

Last week, while browsing the trading volumes on LocalBitcoins by country, I was pleasantly surprised to notice a massive spike ($5 million) in trading activity coming out of Canada for the 3rd week of March. You can read about it in this post.

Sort:  

I got that email from BMO. I think at this point blocking crypto transactions only pisses off customers and gives away business.

I'm sure people of Canada will make the actual Revolution

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Spectator11 from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Congratulations @techwizardry! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

Upvote this notification to help all Steemit users. Learn why here!

Do not miss the last announcement from @steemitboard!

This is a wise thing to do!
I lived in Canada for 40 years, and my main income from pensions (private and government) is Canadian. I live in Europe now, and to my chagrin I see the value of the CAD dropping significantly against the EURO, so not only am I impacted by inflation, but also by the dropping value of the CAD.
Paypal is a good way to circumvent this crap by the banks. I also use Paypal to move money between Canada and Europe (because those transactions are impossible to do on line through the bank).

Coin Marketplace

STEEM 0.29
TRX 0.12
JST 0.034
BTC 62877.62
ETH 3140.75
USDT 1.00
SBD 3.89